Description

Crypto adoption is rising - but so are the hacks. In this episode of the Efani Features Podcast, host Mark Kreitzman sits down with Mikhail Yerganjiev, Business Development Manager at CertiK, the world’s largest Web3 security firm.

Mikhail breaks down how billions of dollars in crypto are being lost to smart contract exploits, phishing scams, and private key mismanagement - and what projects, founders, and investors can do to stay ahead of the curve.

From rug pulls and DAO takeovers to poor wallet hygiene, this episode shines a light on the hidden dangers in crypto - and how CertiK is working to secure the future of decentralized finance.

🛡️ In this episode:

• Why $800M+ was lost to Web3 hacks in Q2 2025 alone
• Why phishing and key theft now surpass smart contract vulnerabilities
• How CertiK’s auditing process works — from code review to remediation
• Why an audit is not a stamp of approval, and why most projects don’t audit enough
• How CertiK's Skynet platform monitors projects in real time for suspicious behavior
• The role of bug bounties, ongoing audits, and transparency in building trust
• What founders should ask before choosing a smart contract auditor
• How CertiK works with both new and legacy Web3 protocols to improve security posture

You’ll also learn about Mikhail’s community initiative Network Spotlight, a vetted group of Web3 professionals, and why establishing relationships with security teams early can save your project - and your users - from disaster.

Whether you're a DeFi builder, Web3 investor, or just someone who wants to avoid the next rug pull, this episode is packed with real, actionable insight from the frontlines of crypto security.

🔍 Explore CertiK: https://certik.com
📊 Read the latest hack report: certik.com/resources/blog
📱 Lock down your SIM and mobile identity: https://efani.com
🎙 Hosted by Mark Kreitzman, General Manager at Efani