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Welcome back to Chain Reaction.<\/p>\n
To get a roundup of TechCrunch\u2019s biggest and most important crypto stories delivered to your inbox every Thursday at 12 p.m. PT, <\/em>subscribe here<\/a>.<\/em><\/p>\n If you\u2019re feeling the holiday spirit this month, you probably align with millions of people out there spreading joy, love, warmth, maybe even some generosity.<\/p>\n But if you\u2019re feeling like the Grinch, chances are you are aligning with a smaller party of individuals \u2014 one that (in this analogy) could include crypto hackers.<\/p>\n And even though it\u2019s the season to feel jolly, that\u2019s not stopping hackers from acting out. But hey, playing devil\u2019s advocate, maybe the attackers are jolly every time someone falls for their scam. Two sides of the coin.<\/p>\n Earlier on Thursday, hackers compromised the code behind a crypto protocol used by multiple web3 applications and services, the crypto software and hardware wallet maker Ledger said on Thursday.<\/p>\n It\u2019s not immediately clear how many people fell victim to the hack. ZachXBT, a well-known independent crypto researcher, wrote on X that one victim had more than $600,000 in crypto drained from their account.<\/p>\n Details below.<\/p>\n For this week\u2019s episode<\/a>, Jacquelyn<\/a> interviewed Johann Kerbrat, the general manager of crypto at Robinhood.<\/p>\n Johann is leading the application\u2019s effort to expand its crypto exchange business and make digital assets more accessible to retail investors.<\/p>\n Before joining Robinhood, Johann was an engineer at Airbnb and was the head of engineering at Uber and VP of engineering at Iron Fish, a privacy-focused cryptocurrency startup.<\/p>\n We discussed Robinhood\u2019s expansion outside of the U.S., how the platform restricted holding and trading of certain crypto assets in June and where it stands today.<\/p>\n We also talked about:<\/p>\n Subscribe to Chain Reaction<\/strong> on Apple Podcasts,<\/a><\/strong> Spotify<\/a><\/strong> or your favorite pod platform to keep up with the latest episodes, and please leave us a review if you like what you hear!<\/p>\n This list was compiled with information from Messari as well as TechCrunch\u2019s own reporting.<\/em><\/p>\n Want to branch out from the world of web3? Here are some articles on TechCrunch that caught our attention this week.<\/p>\n Follow me on Twitter @Jacqmelinek<\/a> for breaking crypto news, memes and more.<\/em><\/p>\n<\/p><\/div>\nWhat\u2019s happening in web3<\/strong><\/h3>\n
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