Latest news with #JoshSchwartz
CBC
2 days ago
- Politics
- CBC
Cheap and deadly: How drones are reshaping war
On Sunday, Ukraine launched Operation Spider's Web, a surprise drone attack that went deep inside Russia, reaching as far as Siberia for the first time. Ukraine says 117 drones were smuggled into Russia, hidden in the roofs of wooden sheds and later loaded onto the backs of trucks then launched remotely. The result was an enormous blow to Russia's strategic bomber fleet. Cheaper than traditional weapons and commercially available, drones have become increasingly important to both sides of the Ukraine-Russia war and in conflicts around the world. Josh Schwartz, an assistant professor of international relations at Carnegie Mellon University, joins the show to explain how they are transforming modern warfare. Fill out our listener survey here . We appreciate your input! For transcripts of Front Burner, please visit: Subscribe to Front Burner on your favourite podcast app. Listen on Apple Podcasts Listen on Spotify Listen on YouTube
Yahoo
5 days ago
- Business
- Yahoo
How Fordefi's Next-Gen Crypto Wallet Unlocks Safe, Simple DeFi for Investors
How Fordefi's Next-Gen Crypto Wallet Unlocks Safe, Simple DeFi for Investors originally appeared on TheStreet. Tired of hearing about crypto riches but scared of losing it all to hacks or scams? Imagine a wallet that lets you dive into decentralized finance (DeFi) with the confidence of a Wall Street pro—secure, simple, and built for real-world profits. That's Fordefi, the first institutional-grade wallet designed specifically for DeFi, trusted by over 170 top-tier clients, from exchanges to asset managers. Josh Schwartz, Fordefi's CEO and co-founder, reveals how they're making crypto safe and accessible for everyone, especially high net-worth investors and family offices ready to seize the DeFi opportunity. Josh Schwartz knows finance inside and out. 'I come from a much more traditional financial background,' he shared, but the past eight years have been all about crypto, focusing on wallets and custody. Unlike traditional finance, where banks can reverse mistakes, crypto's assets are unforgiving. 'If someone compromises your private key, they can steal your funds, and the blockchain's immutability becomes your worst nightmare,' Schwartz explained. Billions have been lost to hacks and errors, making security the top priority. Fordefi takes security to the next level. 'We focus on the next generation of wallet security,' Schwartz said. Beyond just protecting private keys, Fordefi tackles the risks of DeFi, where signing the wrong smart contract can wipe out your wealth. 'People's keys are fine, but they sign the wrong transactions or have no idea what they're signing,' he noted. Fordefi's solution? A wallet purpose-built for DeFi, offering tools and guardrails to ensure safe, confident capital deployment across blockchains. For family offices and high net-worth individuals, crypto can feel like a daunting leap. Schwartz gets it—he made the same journey. 'There's an education process,' he admitted. Investors need to understand why DeFi matters: higher yields, better liquidity, or using real-world assets (RWAs) as collateral on-chain. 'Maybe I'm nervous about someone else holding my assets and want to secure them myself while getting utility,' Schwartz said. Pushback often comes from fear of losing assets or keys. Fordefi addresses this head-on. 'We talk to them about security concerns and how this asset class is different,' Schwartz explained. With 170 institutional clients, including trading firms and tokenization players, Fordefi has seen it all. The adoption curve is clear: investors start with crypto ETFs for familiarity, move to holding spot crypto, then explore staking for yield, and finally dive into DeFi. 'It's a natural evolution,' Schwartz said, and Fordefi makes each step secure and seamless. Think DeFi is too technical? Schwartz compares it to the early days of cloud computing. 'Individuals don't need to know how the cloud works—they just know their data is there,' he said. Fordefi does the same for blockchain, abstracting the tech so you can focus on profits. 'The technology is superior, and we simplify it,' Schwartz added. What sets Fordefi apart? First, its multi-chain browser extension connects to any decentralized app (dApp) across every blockchain. 'A classic problem is using one wallet for Uniswap but needing a different one for Solana's Jupiter,' Schwartz noted. 'Traditional asset managers aren't used to that.' Fordefi eliminates this hassle with universal connectivity. Second, Fordefi translates raw smart contract data into clear, human-readable formats. 'We simulate contracts so investors understand what they're signing,' Schwartz explained. No more blind transactions or costly mistakes. Finally, Fordefi tackles DeFi's growing complexity—multiple chains, tokens, and dApps—by streamlining processes like bridging and swapping. 'We abstract it and make it easy,' Schwartz said, ensuring investors can yield or trade without the headaches. For investors, Fordefi isn't just a wallet—it's a gateway to smarter wealth-building. While competitors focus on basic custody or transfers, Fordefi is built for DeFi's dynamic world. Its tools let you stake, trade, or leverage RWAs with confidence, all while saving time and avoiding errors. BlackRock's tokenized funds and stablecoin adoption show the trend is unstoppable—Fordefi puts you ahead of the curve. With a client list boasting exchanges, protocols, and foundations, Fordefi's proven track record speaks for itself. 'We're seeing massive institutional adoption,' Schwartz said, pointing to the growing trust in DeFi solutions. Whether you're dipping your toes in with ETFs or ready to build a DeFi empire, Fordefi's got your back. How Fordefi's Next-Gen Crypto Wallet Unlocks Safe, Simple DeFi for Investors first appeared on TheStreet on Jun 3, 2025 This story was originally reported by TheStreet on Jun 3, 2025, where it first appeared. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
