Block Climbing podcast: North Korean crypto hacks and the Venezuelan Petro explained

Posted: 27 April 2022 5:56 pm

This week, Tegan and Tim dive into the rise and extreme fall of the state-sanctioned Venezuelan cryptocurrency, the Petro. They also explore North Korean crypto hackers and the Bored Apes starting an NFT band.

If you thought that cryptocurrency was designed to be decentralised, you'd be absolutely right. At least, that was the original aim. But that didn't stop Venezuela from trying to solve its severe economic troubles and creating its own coin called the Petro.

In this episode, Tegan and Tim deep dive into the Petro, the dictatorial government that drove it and the ironically anti-government coder behind it all. Strap yourself in for a wild ride.

They also chat about Universal launching a Bored Ape NFT band (yes you read that correctly) and the allegedly state-funded North Korean crypto hackers.

Listen to the episode: North Korean crypto hacks and the Venezuelan Petro explained

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This podcast is powered by Finder. Follow Tegan and Tim on Twitter.

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