Cryptocurrency

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On august second, a bunch of solana wallets, ones that were a kind of on mobile wallets, on people's phones, all the funds in them started evaporating. This happened to thousands of wallets. Millions of dollars was liquidated. People were wondering whether this was a fundamental halk to the salona network. The only people who weren't being affected were people who had their tokens stored in centralized exchanges or had them on hardware wallets which store the private keys directly in the little device.

Welcome back, this week Lucas and Anita welcome Jacquelyn Melinek as a new permanent co-host on Chain Reaction. They dove into the hot crypto topics of the week, including the $190 million draining of the Nomad bridge by both ‘black-hat’ and ‘white-hat’ hackers. They also discussed the widespread Solana wallet attack and a particularly deep round of layoffs at Robinhood.

You’ll notice something different about the show this week besides a new co-host -- we’re splitting up the news analysis and interview segment into different episodes! On Tuesdays you’ll hear us sit down with experts in the crypto space and on Thursdays, we’ll dive into the hottest web3 topics of the week. Catch us early next week for an interview with Uniswap COO MC Lader.

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