Your Apps May Be Gone, But Hackers Made $9Bn & Are Still Here
Contents
In this LABScon 25 talk, Andrew MacPherson explores the $9 billion world of crypto crime and the evolving attack vectors targeting decentralized finance. He explains core concepts such as blockchains, wallets, and smart contracts, noting that many crypto apps rely heavily on browser-based wallet interactions. The talk highlights major attack patterns, including the $1.5 billion Bybit heist, supply chain compromises, and “drainers as a service.”
Andrew also examines how attackers launder stolen funds through cross-chain swaps, mixers, and non-KYC platforms, while discussing the challenges analysts face tracking illicit crypto despite transparent blockchain records.
Andrew also examines how attackers launder stolen funds through cross-chain swaps, mixers, and non-KYC platforms, while discussing the challenges analysts face tracking illicit crypto despite transparent blockchain records.