Latest news with #TheStreetRoundtable
Yahoo
2 days ago
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Exclusive: Ledger exec explains Bybit hack, calls for end of blind signing
Ledger's Vice President of Enterprise, Sebastien Badault, says the high-profile $1.4 billion hack of crypto exchange Bybit in 2024 was a 'wake-up call' for the entire industry — and a failure of basic security practices. In an exclusive interview with TheStreet Roundtable's Mehab Qureshi, Badault unpacked the security flaws behind recent hacks and explained how Ledger is working to eliminate long-standing vulnerabilities, like blind signing and lost seed phrases. On Bybit's breach, Badault explained that a combination of flawed open-source tools and blind signing — where users approve transactions without full visibility — enabled the massive theft. 'There was a transaction that was blind signed… it gave access to the whole wallet that had 400,000 [ETH], and then it was drained in a second,' Badault said. 'There's still a lot of big companies with billions in assets that are using security setup that are just not up to stuff.' He noted the need for the industry to move to clear signing. 'We have been pushing for a long time the idea of clear signing… when you clear sign, you know exactly the transaction that you signed.' Badault said he hopes events like the Bybit breach push companies to take security seriously. 'What I'm hoping, and we're having these discussions today, is that this was a wake-up call.' But the risks aren't limited to institutions. Badault also spoke about the everyday dangers of losing a crypto wallet's seed phrase — a problem Ledger has aimed to solve with its new product. 'Every time I go to a conference like this, I always have somebody coming up to me and asking me, 'My God, I lost my seed phrase. What could I do?'' Ledger Recover splits the seed phrase across three secure locations, allowing users to reconstitute it if needed. 'You can sleep well at night and not worry,' he said, recalling stories of users losing paper backups to fires. 'Self custody should be a human right… It's about freedom… but it comes with the responsibility of making sure that you keep your secret.' On May 6, Ledger expanded its partnership with Web3 payments firm Transak to enable crypto off-ramping within the Ledger Live app. Users can now convert assets like BTC, ETH, and USDC directly into fiat without leaving the Ledger ecosystem.
Yahoo
24-05-2025
- Business
- Yahoo
Endless Domains on the future of Web3 identity: ‘Own the internet, don't just rent It'
In the world of Web3, where users are expected to manage multiple wallets, fragmented identities, and a growing list of blockchain-based tools, one question remains unanswered: Who really owns your digital identity? In a conversation on TheStreet Roundtable, Malak Albaw, host and journalist known for spotlighting disruptive technologies, sat down with Vicky Hissaria, Director at Endless Domains, to unpack the future of decentralized identity — and why domain ownership might be the most underrated power move in Web3. 'Web3 identity is still treated like a developer's tool,' said Hissaria. 'At Endless Domains, we believe it should feel more like owning your passport — something personal, powerful, and intuitive.' Managing Web3 domains today means navigating a maze of wallets, gas fees, and disconnected registrars. For both individuals and businesses, digital identity still feels fragmented. That's where Endless Domains steps in. A unified platform for buying, selling, and managing blockchain domains — like .crypto, .x, .NFT, and .wallet — Endless Domains is building the control panel for Web3 identity. Their One Bill Feature simplifies renewals, payments, and domain activity into a single transaction. 'We're doing for Web3 what Google Domains did for Web2 — only better, and without centralization,' Hissaria said. But Endless Domains isn't just a marketplace. It's infrastructure. With AI-powered domain appraisals, users get data-backed insights on the value of their domains — a move that transforms digital names into investment-grade assets. 'We've introduced machine learning into identity management,' said Hissaria. 'Our users can now make smarter decisions backed by real-time valuation data.' On top of that, Endless Domains offers Paired Domains, allowing businesses to bundle their traditional Web2 domains (like .com) with blockchain-based equivalents. 'This is huge for enterprises,' she noted. 'It removes friction from Web3 adoption and secures their brand across both digital layers.' With wallet-to-DApp integration and seamless domain management tools, Endless Domains positions itself as the identity layer of Web3. Whether you're an NFT creator, DeFi protocol, DAO, or just a forward-thinking user — the platform offers a single point of access and control. 'Users are tired of juggling logins, dashboards, and tokens,' said Hissaria. 'We're turning domains into a UX upgrade, not a burden.' From AI valuation tools to paired identities and frictionless management, Endless Domains is creating the toolkit users didn't know they needed — but won't be able to live without. Endless Domains on the future of Web3 identity: 'Own the internet, don't just rent It' first appeared on TheStreet on May 23, 2025 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
Yahoo
23-05-2025
- Business
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Robert Breedlove says 'Bitcoin is the fix' to central banking scam
Robert Breedlove, host of the What is Money? podcast, believes Bitcoin is far more than a portfolio asset—it's the antidote to a broken financial system. Speaking with Scott Melker on TheStreet Roundtable, he argued that most people misunderstand Bitcoin's potential because they see it as 'just another investment,' instead of 'money that no one can counterfeit.' 'What is money obviously being the main question we probably want to answer today for our audience,' said Melker. Speaking to a largely TradFi viewership, he expressed concern that most newcomers only see Bitcoin as 'just another investment,' rather than a transformative monetary force. Breedlove agreed, emphasizing the philosophical and structural issues underlying modern money. 'One big obvious answer is that Bitcoin is money. But then problems arise when you try to ask yourself, what is money?' he said. 'It seems to be one of these technologies that touches almost every domain of life, kind of like spoken language.' He offered a simple definition, 'Money is that thing through which we acquire goods and services.' Noting that 'all goods and services require energy to produce,' he argued that money itself should also require energy—something fiat currencies lack. 'That is basically what the central banking scam is in a nutshell,' Breedlove stated. 'They can produce money at zero cost effectively… and use the newly issued money to acquire goods and services.' In contrast, 'Bitcoin is the fix to that scam… it requires work and energy to produce. And so therefore it functions really well as a store of value across time.' When asked whether Bitcoin will ever truly function as everyday money, Breedlove didn't hesitate: 'I am of the strong belief that Bitcoin eats all the monetary premium in the world.' He sees fiat currencies heading toward inevitable hyperinflation, driving capital into Bitcoin, 'The monetary premium associated with all those other assets will also collapse into Bitcoin and then we'll have much more of a value investing free market economy with accurate price discovery on a Bitcoin standard.' Robert Breedlove is a philosopher, entrepreneur, and host of the What is Money? podcast, where he explores the intersection of economics, Bitcoin, and philosophy. A prominent voice in the Bitcoin space, he's known for his deep dives into monetary history and theory. Breedlove has been featured in numerous crypto thought leadership circles and is considered one of the most articulate proponents of Bitcoin as sound money. Robert Breedlove says 'Bitcoin is the fix' to central banking scam first appeared on TheStreet on May 23, 2025
Yahoo
23-05-2025
- Business
- Yahoo
'Clear momentum': OKX plots full-scale US comeback
Crypto exchange giant OKX is making a return to U.S. soil with its full brand behind the push, this time under the leadership of Roshan Robert, a seasoned TradFi and crypto executive who joined in September 2024 to spearhead the U.S. expansion. 'I joined OKX in September of 2024 with the mandate to build out the franchise here in the [U.S.],' Robert said in an interview with Scott Melker, host of TheStreet Roundtable and The Wolf of All Streets podcast. 'Amongst the roles straddling both TradFi and crypto, I'd like to highlight two... I was at Barclays at a time when the Dodd-Frank regulations were being implemented... [and] was part of the founding team [at Hidden Road] and took on the dual responsibilities of Groups COO and Groups ECO.' Now, he's bringing that dual-background discipline to OKX's U.S. strategy. 'Robust risk management, strong compliance, focus on client money controls and cybersecurity,' he said. Melker noted the significance of this relaunch. 'OKX's previous presence was with OKCoin... It seems like this is a bit different... Is that an accurate assessment?' 'Absolutely,' Robert confirmed. 'It is one single brand and we are coming to the US with a better product.' That 'better product' includes a centralized spot exchange and a Web3 wallet built specifically for U.S. users. 'Right now what we're doing is we're bringing on a centralized exchange for spot markets,' Robert said. 'We're not looking at perps right now because we don't have a DCM... As of now, we plan to really expand our spot market, launch the centralized exchange, have the full wallet tailored for US users.' Robert remains optimistic. 'There is a clear momentum as far as regulatory infrastructure is concerned... Over time we will definitely look to expand the market and expand across multiple areas and multiple products.' On April 16, OKX officially announced its expansion into the United States, marking a significant milestone for the company as it brings its full-scale platform to U.S. users. The exchange launched trading operations across 46 states and Washington, D.C., and simultaneously named Roshan Robert as the new CEO of OKX U.S. Robert, a veteran of Barclays and PricewaterhouseCoopers, will lead the charge from the company's newly established headquarters in San Jose, California. As part of this relaunch, OKX introduced a new self-custody wallet supporting over 130 blockchains and offering features such as token swaps, cross-chain transfers, NFT access, and Web3 dApp integration. 'Clear momentum': OKX plots full-scale US comeback first appeared on TheStreet on May 23, 2025
Yahoo
21-05-2025
- Business
- Yahoo
Exclusive: Bitcoin 2025 to host Trump-backed 'Code and Country Day'
Bitcoin 2025 joins America's 250th celebration with a presidential partnership, 30,000 attendees and exclusive programming. In an interview with TheStreet Roundtable, Sean Hagan, Head of Media at BTC Inc., confirmed a landmark federal tie-in for Bitcoin 2025. 'I'm happy to share on the show that Bitcoin 2025 is officially a part of the America 250 celebration. We are officially partnered with the Trump administration and America 250 celebration to have Code and Country Day on day one of our event,' Hagan said — marking a rare fusion of U.S. bicentennial ceremony and blockchain innovation. Special Discount for TheStreet Roundtable Readers — Click Here to Register Hagan also highlighted the conference's sheer scale and community energy. 'We're expecting about 30,000 people for this year's event,' he noted, promising a diverse crowd of 'hardcore Bitcoin maxis, crypto enjoyers and like-minded individuals.' Despite the high-profile political programming, Bitcoin 2025 remains true to its roots. As Hagan put it, 'It's not a crypto conference. It's the Bitcoin conference,' placing the original chain at center stage and dismissing others as 'test networks at best or scams at worst.' Special Discount for TheStreet Roundtable Readers — Click Here to Register Themed 'embrace game theory,' this year's event will examine how strategic incentives drive adoption — from nation-state allocations to corporate treasuries — and will feature speakers such as Vice President JD Vance and Michael Saylor. Attendees can expect an exclusive "Code and Country Day" tied into America's 250th anniversary in partnership with the Trump administration, a community of 30,000 Bitcoin enthusiasts and industry leaders, deep-dive sessions on game theory's role in Bitcoin adoption, and official after-parties and networking events each evening. Hagan further emphasized Bitcoin 2025's role as the industry's announcement hub. 'It's also the place where industry leaders make their announcements about their companies and their updates for their shareholders,' he said — underscoring the event's significance for corporate strategy and investor relations. He added that Code and Country Day will 'celebrate America's exceptionalism through Bitcoin and technological developments at our event.' Special Discount for TheStreet Roundtable Readers — Click Here to Register 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
