Empire cover image

Why DeFi Will Overtake TradFi | Jim Bianco

Empire

00:00

Cross Chain Bridges Are Dangerous Right Now

I think cross chain bridges are inteed incredibly dangerous right now. We are lucky that wormhole, certus one was bought by jump that had the capital in order to fill that hole when they lost a hundred, 20 thousand eth the 300 million dollars. And so and after polly and some of the other ones, i think t a, these cross chain bridges is a real risk in the business right now. They are great, and they are necessary. Boy, they pose a big risk if they're done improperly, cause they could bring down a whole chain. You know, it could be like the modern version of mon ox if we're not careful. Am i overstating this

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app