Episode .
47

Ep.47 Let’s Talk About Security In Web3

The topic of the 47th Blockstars Web3 Weekly podcast is security of the Web3 space instead of the absent guest. Together with Maureen, the forensic and compliance investigator in crypto, the hosts cover common security traps, development of scams and frauds in crypto, and the necessity of due diligence and proper safety measures to both novices and experienced players in the cryptocurrency realm.
Welcome to Web3 Weekly by Blockstars, your go-to source for all things Web3 and Blockchain, hosted by the Blockstars team. Our mission is to educate and guide you on your Web3 journey. So, join us as we explore the fascinating world of Web3 and Blockchain together.
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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 the podcast Blockstars Web3 Weekly, episode 47 speaks on the crucial subject of security in the Web3. Maureen who is a crypto forensic and compliance investigator and one of the hosts talks about the common security pitfalls, scams and frauds nowadays in the crypto world, and the fact that due diligence and proper security measures are necessary for newcomers and mature participants in the cryptocurrency area.

Key Points

Debate on general security problems that people have to deal with while being a part of the crypto world, focusing on the significance of due diligence in order not to become a victim of scams.

Sophisticated scamming techniques such as domain spoofing and social media impersonation, emphasising the need for awareness.

Study of the innovation that focus on the security aspect of user protection, for example, account abstraction in Ethereum.

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?

Examining the appropriate trade off between convenience and security, with particular attention to the right use of cold and hot wallets to protect assets.

Discussion regarding emerging technologies such as AI in locating security exploits and the role of continuous learning and adaptation in security practices.

Thought Provoking Questions

How are emerging technologies such as AI shaping the Web3 security landscape and what risks do they pose?

What are the security challenges of Web3 in comparison to the traditional web environments, and what are the lessons that can be learned?

How important is user education for the overall security of Web3?

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?

What are the ways blockchain can be used to enhance privacy and data protection and still keep the transparency and trust intact?

The 47th edition of Blockstars Web3 Weekly explores the sensitive area of security in the Web3, emphasising the multi-facet and growing character of threats in the cryptocurrency and blockchain world. By means of a conversation, the episode goes into detail on the importance of user education, technological evolution, and careful practice in keeping digital assets safe and maintaining trust in the Web3 ecosystem.

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.

Make sure to go check out our website for more info! https://blockstars.com.au

Also you can Tweet us on at X @blockstars_tech

Or drop us an email at: hello@blockstars.com.au

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