Is Know Your Customer verification really that safe?

Loading player...
The recent hack of crypto exchange Coinbase, where criminals working with rogue insiders managed to get access to customer information and demanded $20m to keep it quiet, is an example of how KYC can go wrong, says Shiven Moodley, macro strategist at 80eight.
21 May 2025 English South Africa Tech News · Investing

Other recent episodes

AI agent told to ‘make money’ launches memecoin, pockets $100m

Silver Sixpence CEO Carel de Jager explains how AI agents will soon surpass the ‘human’ economy in size. He also relates the bizarre story of Truth Terminal, an AI agent that launched a hugely profitable memecoin after being instructed to instructed to make money.
18 Jun 24 min

Is bitcoin a buy?

At around $75 000, bitcoin is down 40% from its peak of $124 000 in October last year. Rob Price of Sound Money explains why he thinks bitcoin is forming a bottom.
28 May 21 min

Can tokenisation spark an economic revival in SA?

How much value is tied up in frozen assets in SA? If we can unfreeze these assets through tokenisation – allowing ordinary South Africans to buy fractions of companies, properties and even farms and rare wines, what value could be unlocked? Shiven Moodley, CEO of Novaque, brings us a little…
21 May 22 min