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    The UGLY truth about crypto bridges… (urgent warning for cryptocurrency investors!)



    Hashoshi breaks down the UGLY truth about crypto bridges and an urgent warning for cryptocurrency holders on Ethereum, Solana, Cardano, Avalanche, Polygon, and virtually any other blockchain that connects to other networks via bridges.

    A great Certik resource analyzing crypto bridge hacks and exploits:
    https://www.certik.com/resources/blog/GuBAYoHdhrS1mK9Nyfyto-cross-chain-vulnerabilities-and-bridge-exploits-in-2022

    The Ronin Bridge, Poly Network, Wormhole Bridge, Horizon Bridge Harmony ONE, and more have suffered huge hacks or exploits and lost billions of dollars of crypto… how can you protect yourself?

    ⚠️ Important ⚠️ The opinions and information presented in this video are strictly my own, or those of the interviewee featured in the episode, and are not representative of any other individual or entity. The content provided in this video is informational in nature and does not constitute financial advice, advice of any other nature, nor a call to action to purchase cryptocurrency assets of any kind. It is the responsibility of the viewer to conduct independent research and due diligence before making any financial or investment decisions related to the subject matter published on this channel, whether sponsored or unsponsored. Sponsorships, which are clearly disclosed, are informational in nature and do not constitute a call to action to purchase cryptocurrency, nor a direct endorsement from Hashoshi. This channel does not offer the purchase or sale of securities.

    Hashoshi is not responsible, directly or indirectly, for any damage or loss caused by, alleged to be caused by, or in connection with the use of or reliance on any content, goods or services mentioned in this published media.

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    ⏰ // Timestamps // ⏰
    0:00 The UGLY TRUTH: crypto bridges
    0:31 A multi-billion dollar problem
    2:42 What are bridges and how do they work?
    5:19 Why are bridge hacks so prevalent?
    6:08 Example of risks to Trusted Bridges
    7:07 Example of risks to Trustless Bridges
    8:23 How to protect yourself!
    11:18 DO NOT FORGET THIS!
    11:41 Check out this URGENT security best practice

    🛑 // DISCLAIMERS & TRANSPARENCY // 🛑

    🔺 This description box contains affiliate links, which means that if you click on one of the product links, I’ll receive a small commission.

    The information in this video is an opinion and is for informational purposes only. It is not intended as investment advice, tax advice nor legal advice, nor does it represent any entity’s opinion but my own. Seek a duly licensed professional for investment advice. No guarantees are being made, nor promises rendered of financial gain or other benefit in this highly speculative market.

    #Hashoshi #Cryptocurrency #Crypto

    View 35 Comments

    35 Comments

    8. Randy L on

      The best thing I can do as a person with zero knowledge of the inner workings of crypto and cryptography is to just hodl in my LEDGER account.

    9. Rachel on

      This a great video, I learn a lot watching your videos and it has been helpful to me. building a steady income is quite difficult for newbies. Thanks to Christi Lily for improving my portfolio,

      keep up with good videos.

    10. Jason Paine on

      Hashoshi isn't ETH staking basically the same as an ETH to ETH bridge? I can't imagine giving up custody of my crypto to do staking… what were they thinking ?

    13. rydmerlin on

      Hi don’t assume everybody knows what a bridge is. Start off explaining what a bridge is. You get to it but I think it should the sooner.

    14. Enjin man on

      Curious to get your thoughts on Thorchain personally what they have done is absolutely crucial. Native swaps no wrapping, native yield and thé the token fundamentals on the LP for every native deposits on LP arb bot buys RUNE off centralised Exhanges .

    24. Freda James on

      when it comes to investing, I'm so ignorant that I'm asking here; For anyone who has over €100000 and is looking for the best ways to make good returns with it, what do you say or think?

    27. Emre Dağdeviren on

      < I totally agree with what you are saying….The fact is, BTC is the future of crypto and the questions traders ask themselves now if this is right time to invest? before jumping into conclusion i think you should take a look at things first. for the past few days the price of BTC has been fluctuating which means the market is currently unstable and you cant tell if it is going bearish or bullish. while others still continue to trade without the fear of making lose, others are being patient. it all depends on the pattern with which you trade and also the source of your signals. i would say trading has been going smoothly for me, i started with 2.5 BTC and i have accumulated over 11.6 BTC in just three weeks, with the trading strategy given to me by WTRADE INSPECTS

    28. hello on

      Thanks< for your daily update. In life there are opportunities we all get, what matters is recognizing that opportunity… I'm currently bullish because I ventured into trading instead of just holding and waiting for btc and crypto to rise whereas there are many ways to manipulate the market. I’ve accumulated over 7BTC on trading using WTRADE INSPECTS simple and precise method lately

    29. Umut Başoğlu on

      < first got into BTC back in 2016 and have been hodling/buying assets at different price points since. I've been through corrections before and will likely experience more over the future. Volatility is simply the price one needs to pay if they want to play. I don't have any Alts as I'm a bit of a BTC Maxi, but that said, if BTC hasn't died before, it surely won't do so now. Stick in there – yes we are all feeling the pain, but over the long run this will just be a blip. This is how I see past corrections when I felt that I got in at a high (back then I think it was less than $1000 and bouncing all over the place!). Now when I look back, all I see is regret for not having the courage in buying more at those times. But if you believe BTC has value, then by all means, buy the dips if you can afford to. For those who got in at 60 or 70K and feeling the crunch: hang in there. BTC is not a get rich quick scheme. Wait it out and you will see: you will come away stronger. I buy and just trade long term more than ever, I have made over 11` btc with 3.1btc in just 5weeks from day trading with *WTRADE INSPECTS*, in few weeks this is one of the best medium to backup your assets incase it goes bearish.

    30. Batyr Amanow on

      < I have learned in recent months is to remain calm, especially when it comes to investments in cryptocurrencies. Learn not to sell in a panic when everything goes down and not to buy in euphoria when everything goes up. I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses.The market is very unstable and you can not tell if it's going bearish or bullish.While myself and others are trad! N without fear of making a loss others are being patient for the price to skyrocket, I would say trading has been going smoothly for me, i started with 2.5 BTC and i have accumulated over 7.6 BTC in just three weeks, with the trading strategy given to me by WTRADE INSPECTS

    31. APP TUTORIALS on

      Great stream, as always. I appreciate the level-headed approach you take to the news and the markets. . A lot has changed and that's on everything but the truth is I don't even care much about bullish or bearish market anymore because WTRADE INSPECTS got me cover as I am comfortably making 5.1B T C monthly.

    32. Taco crossing on

      WTRADE INSPECTS is Awesome! I traded 12.6 btc with them of which I earn about 72 btc at the end of the trade . I still trade since march and WTRADE INSPECTS never disappoints me. Best traders ever

    33. Young Toyko on

      Honestly I appreciate you and your content < Technical Analysis is good but I find It truly baffling that major crypto youtubers just look mostly at pure T.A and completely ignore the bigger narrative of why BTC is pumps/pumped and why the future outlook will be even rosier than it seems. It's kinda irresponsible to ignore the fact that each ETF launch so far has caused a major dump at the peaks of BTC. We were already on shaky footing with historically low volume and almost pure whale pumps,narrowly avoiding a long-term bear market. More emphasis should be put into day tradiing as it is less affected by the unpredictable nature of the market. I have made over 12 btc from day tradng with WTRADE INSPECTS insights and charts. They been one step ahead of other analysis..

    34. Abng Official on

      DEEPSPACE was started by a community on a mission to innovate in the play-to-earn crypto space. We are here to empower our crypto community members with new ways to earn while having fun!

    35. Tony Doster on

      Predicting< a reversal of a trend is risky, and even worse, I believe there is more to this market than we understand currently. When people are losing, they don't aim to increase their average, but that can only change if you have a personal trade guide and signal provider like that of Carolyn Halles which has made me almost 15.5 on a 2 btc Trade capital over the last 2 months. Make the wise decision. Markets fluctuate in cycles that can last anywhere from a few days to several years. In the case of B -TC, it's difficult to make a bullish case simply from looking at the charts

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