In this conversation, Ogle, a crypto security expert and founder of Glue, shares his insights as an advisor to World Liberty Financial, the Trump-backed DeFi project. He discusses his motivations for joining the initiative, the unique challenges it faces, and lessons learned from dealing with hackers. Ogle also reveals Donald Trump's enthusiastic engagement with the project and speculates on its potential success. Additionally, he introduces his new layer-1 blockchain, Glue, arguing it will revolutionize user experience in the crypto landscape.
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question_answer ANECDOTE
Ogle's Crypto Security Origin
Ogle entered crypto security after a rug pull incident in his Binance Smart Chain community.
This led him to successfully recover stolen funds, pioneering DeFi fund recovery.
insights INSIGHT
Negotiation Tactics and Anonymity
Negotiating with hackers is effective due to anonymity in crypto, unlike traditional finance.
The uncertainty of what investigators know incentivizes hackers to accept deals.
insights INSIGHT
Hacker Demographics
Hackers often originate from Hong Kong or Singapore due to their higher English proficiency.
This facilitates understanding and manipulation of Western psychology.
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World Liberty Financial (WLF), the Trump-backed DeFi project, launched this Monday.
In this episode, crypto security expert Ogle discusses his role as an advisor to WLF. He dives into why he joined the project, what makes it unique, and how Trump’s involvement could bridge the gap for many who are new to the space.
Plus, Ogle shares his thoughts on the security challenges WLF might face and the project's potential to rival major players in the market.
He also touches on his new L1 blockchain Glue, and why he thinks it will provide a better user experience than what is out in crypto today.
Show highlights:
2:05 Ogle’s background and how he came up with a standard for dealing with crypto hacks
10:28 Where crypto hackers are usually from
13:21 Why he does security work for free
16:57 Why Ogle is advising the Trump family’s DeFi project, World Liberty Financial
22:30 Why some in the crypto community are skeptical of WLF
26:39 His thoughts on how to prevent a crypto hack of a high-profile project
32:52 Why Ogle is not worried about WLF having been forked from the hacked app Dough Finance
33:54 How the Trump family is involved in WLF
41:00 How Donald Trump is excited about the project and actually gets it, according to Ogle
43:49 Why Ogle believes WLF will attract as much traction as the entire market cap of Shiba Inu
47:04 How Ogle's new layer 1 blockchain, Glue, aims to be crypto’s AOL
56:33 Why Glue’s L2s will be specific to certain areas of the industry
1:02:41 When Ogle expects Glue to launch and whether it’ll have a token
1:04:19 How North Korean hackers are now “just so clever, socially”
1:13:56 Ogle’s tips for crypto users
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