2:12:05 PM PDT - Wednesday, August 10th, 2022

Sometimes, stealing crypto is the moral choice  

By Editor - Thu Aug 04, 1:48 pm

Image Credits: TechCrunch The world of crypto moves quickly and sometimes, when there’s an ongoing heist, the best thing that technically savvy but ethically sound users can do is join in on the pillaging. That’s what happened this week when the Nomad token bridge started collapsing and white hat hackers were left trying to steal crypto from the exchange as quickly as they could (to later return). Hello and welcome back to the  Chain Reaction   podcast, where we unpack and explain the latest crypto news, drama and trends, breaking it down block by block for the crypto curious. This week, we welcomed a new co-host (senior TC+ reporter Jacquie Melinek), and we dove into Robinhood layoffs, the Solana wallet hack drama and the grand Nomad bridge heist. Ethical hackers aren’t often forced to make snap decisions to steal millions of dollars from a crypto project, but in the wild west of web3 sometimes the best thing you can do when something goes wrong is to fill up your bags. As onlookers watched in horror as the $190 million Nomad token bridge collapsed, some jumped to the rescue and replicated the exploit that black hat hackers were using to steal more funds from the project

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Sometimes, stealing crypto is the moral choice

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