The Defiant - DeFi Podcast Is DYOR Dead? Building a Safer Web3 with Alex Katz
Nov 14, 2025
In this discussion, Alex Katz, CEO of Kerberus, a Web3 security company, tackles the notion that 'Do Your Own Research' is no longer enough in a rapidly evolving crypto landscape filled with sophisticated scams. He highlights the risks of mobile crypto, such as address poisoning and malware, while advocating for automated security solutions that protect users by default. Katz also shares insights on Kerberus' track record of zero-user losses and envisions a future where robust safeguards allow everyone, including the elderly, to navigate Web3 safely.
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Crypto Is Still The Wild West
- Crypto today operates like the Wild West with few rules and near-zero recovery for stolen funds.
- Once funds move from A to B, there's usually a >99% chance you cannot get them back, so systemic risk remains high.
Why Scams Keep Happening
- Scams persist because of weak prosecution and inconsistent auditing standards across projects.
- Many auditing firms vary widely and upgrades often lack the same security scrutiny as originals.
Kerberos’ Zero-Loss Track Record
- Kerberos has maintained zero user losses for over two years among its users.
- The company even offers up to $30,000 coverage if their protections fail to add user peace of mind.