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I Pledge Allegiance

Ido Ben-Natan and Raz Niv - Blockaid, and the Future of Crypto Security

Dec 20, 2023
Edo and Ross, founders of Blockade, discuss their background in Israeli cyber intelligence units and their expertise in cybersecurity. They highlight the importance of protecting web3 customers and fostering a customer-first culture. They also delve into the motivations and origins of attackers in the crypto ecosystem, emphasizing the need for a defensive approach. Blockade's culture is centered around quality work and product development, prioritizing security partners early on. They explore the role of block IT engineers in tracking attack groups and defending crypto users. The chapter also examines bug bounties and security audits in crypto security, emphasizing proactive measures and running internal attack scenarios.
43:49

Podcast summary created with Snipd AI

Quick takeaways

  • Blockaid founders emphasize the importance of early integration of security solutions and partnerships with ecosystem giants to improve security in the crypto space.
  • In the cybersecurity realm, defenders derive satisfaction from safeguarding users and continually improving security solutions in a cat and mouse game with attackers.

Deep dives

Building a Security Solution for Crypto: The Blockade Story

Blockade founders, Edo and Ross, share the story behind their security solution for the crypto industry. Both founders served in Israeli cyber intelligence units, where they honed their skills in solving complex cybersecurity problems. Their separate dreams of starting startups eventually merged into a shared vision, leading to the creation of Blockade. The founders highlight the need for improved security in the crypto space, as attackers are continuously evolving. They discuss how Blockade's product sits across the entire transaction lifecycle, providing defense against hacks, phishing scams, and vulnerabilities. The founders also emphasize the importance of early integration of security solutions into product development and the value of partnerships with ecosystem giants. They mention Infernal as a notable group that Blockade has successfully deterred from its malicious activities.

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