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Ep.36 Crypto Forensics

In the 36th Episode of Blockstars Web3 Weekly, we turn the conversation to a captivating topic: crypto forensics. Kozy and Craig move on to the part where they state that this up-and-coming sector is the perfect example of the successful blend of a technical and non-technical approach to add security and transparency of cryptocurrency transactions.
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Welcome to Blockstars Web3 Weekly Podcast

We will be talking about everything Web3 and Blockchain. Apart from the weekly Podcast, we will also use this platform to include keynote speeches our team presents. We will keep this light and fun, and easy to listen to. We will dive deep into the technology from time to time, but our goal is to educate and bring all of you on the Web3 journey with us.

We will talk about popular technologies such as Blockchain, Development, NFTs and Crypto, and please be advised whatever is spoken about here is not financial advice.

Summary

In Episode 36 of Blockstars Web3 Weekly, we have a talk about crypto forensics which is an intriguing aspect. Kosy and Craig have an interesting discussion around the intersection of tech, non-tech sides and their ability to improve the security and transparency in the transfer of the cryptocurrencies..

Key Points

Crypto forensics are becoming more and more essential with an increase in crypto usage, forensics services are responsible for locating and tagging crypto holders to prevent crimes.

The podcast focuses on the progress of digital currency, from laboratory equipment to a common payment tool, and underscores the rising need for forensics service in this newly-born economy.

It highlights the importance of the multiple wallets classifications that include custodial, non-custodial, hot, and cold wallets for enhancing digital asset safety.

The talk cover a patch on the reliable method of acquiring non-tampered hardware wallets from authorised sell/resellers and how this prevents your assets from getting stolen.

The topic of entering and leaving cryptocurrency market is discussed. The process, called on-ramping and off-ramping, is revealed as a mechanism to bring cryptocurrency along with conventional finance.

Thought-Provoking Questions

What could be the privacy and ethical issues which may arise with crypto forensics tracking transactions and addresses which then enables linking to specific persons and wallets?

Can police recover stolen crypto?

Is there a way to get stolen crypto back?

Can scammed crypto be recovered?

Can you sue for crypto theft?

How do I recover crypto from a scammer does or has anyone been successful?

Can I get my Usdt back from a scammer?

Can you get money back from crypto losses?

Is it possible to reverse a crypto transaction?

What are the best strategies for individuals and companies to guard their digital assets considering the security level that is currently offered to the convenience and simplicity of digital access?

Blockchain technology can be applied to forensics in what can be termed as cryptography. The question then is, will the developments future in blockchain technology over-complicate or simplify this?

Episode 36 of the Blockstars Web3 weekly brings to scene the special place of crypto forensics as way of ensuring that a reputable and easy for trust environment for the cryptocurrency is maintained. It becomes critical to deploy forensic practices which are reliable enough to do monitor, examine and to track the assets.

Blockstars Technology is a blockchain development company with over 70+ people based in Australia Gold Coast

Blockstars can help you develop your Blockchain/AI project from idea to going live no matter what stage you’re in! With a team of experts in many different blockchains and a commitment to providing nothing but top quality services, Blockstars is your one stop shop for those seeking to launch a successful Web3, blockchain or AI projects.

Hope you guys Enjoy this light hearted episode! Tell us what else you would like us to cover on Blockstars Web3 Weekly.

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