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Fit Crypto Explorer
pittsjst
35 episodes
1 week ago
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Technology
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Technology
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DeFi Drains, AI Deception & the Rise of Real Security
Fit Crypto Explorer
12 minutes
3 months ago
DeFi Drains, AI Deception & the Rise of Real Security
This week on Crypto Weekly Recap, we dig deep into the dark side of July—over $1.5 billion drained from centralized exchanges, a new wave of DeFi exploits, and AI scams that are smarter (and sneakier) than ever. From rug pulls disguised as memecoins to slow liquidity drains stealing millions, this episode maps out where crypto security failed—and where it’s finally getting stronger. We also break down the historic signing of the GENIUS Act, setting new U.S. standards for stablecoin security, 1:1 reserve requirements, and dual oversight between federal and state regulators. Plus, Bitcoin’s still holding strong above $117K, Ethereum eyes $5K, and the market’s mood? Cautious—but bullish. 🔐 We explain what a rug pull really is, how to spot one, and why HundredCoin’s time-locked system is still protecting users while others get wiped. If you value security, self-custody, and innovation over hype—this is the episode for you. — 📌 Topics Covered: • $1.5B lost in July CEX hacks (Bybit, CoinDCX, BigONE) • Smart contract exploits and Slow Liquidity Drains (SLID) • Deepfake and AI-driven phishing scams • GENIUS Act signed into law – what it means for stablecoins • Bitcoin market update & Ethereum ETF flows • Beginner’s Corner: What is a rug pull and how to avoid it • 💯 HundredCoin spotlight – a protocol that cannot rug — 🎙️ Hosted by U.S., a crypto vet since 2016 who has seen it all—from Bitconnect to FTX, and everything in between. 👉 Like, follow, and subscribe. We do not just say “Keep it 💯.” We live it.
Fit Crypto Explorer