“We will lose lots of money in the lunacy of web3”

November 15, 2022

“We will lose lots of money in the lunacy of web3”

The world has been watching one of the most chaotic trainwrecks in recent memory as FTX continues to collapse, wiping billions of dollars off the trillion-dollar cryptocurrency industry. As we look on through the cracks in our fingers, it is just one example of how people around the world will lose money in the next generation of the internet – either through malicious or malignant activity from different actors/players.

Ira Winkler, the new Field CISO at Israeli cybersecurity company CYE, has joined CTech to discuss what the world of web3 might expect in the future. Described by Ethereum co-founder Gavin Wood as a “decentralized online ecosystem baked on blockchain”, it can refer to anything from crypto to the metaverse, NFTs, or anything else techies might develop in the future.

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