Hacks, Stacks, and Ledger Acts: Securing Crypto in the Age of AI with Sebastien Badault

Just above the din of crowd and with flood lights in full effect at Token 2049 in Dubai, UAE I met with Ledger’s Vice President of Enterprise, Sebastien Badault.  We spoke about enterprise security for digital assets.  He said the high-profile $1.4 billion hack of crypto exchange Bybit in 2024 was an alarm bell for the entire industry — and a failure of basic security practices.

We also dove into how the AI agents will proliferate in what will likely prove to be an amazing time to bridge blockchain to artificial intelligence. 

More about Ledger:

Since our beginnings in 2015, our ambitions have constantly grown. 

What started as an idea – using a secure element chip to safeguard digital assets for crypto enthusiasts – has evolved into a cutting-edge platform used by millions of individuals and hundreds of enterprises.

With the Ledger hardware wallets Nano™ series, we created the most successful security hardware of all time, with more than 6 million units sold and none ever hacked. Combined with Ledger Live, you can safely manage your digital assets and explore a growing number of Web3 apps through your Discover section. Ledger Enterprise, our branch dedicated to businesses, enables hundreds of exchanges and corporations to leverage their digital value with the proper governance and security frameworks.

But we also needed a fresh look to bring your experience to a whole new level, which is why Tony Fadell, the creator of the iPod and co-creator of the iPhone, teamed up with us to build the next-generation of hardware wallets, Ledger Stax™. This new consumer device is your elegant entry point into the Internet of Value, opening the doors of digital ownership to anyone. 

Security is and will remain at the heart of our products. The Ledger Donjon team is made up of world-class experts continuously stress-testing our own solutions and looking for vulnerabilities. 

Today, we are primarily known for being a secure gateway to crypto and NFTs. But as the Internet of Value goes mainstream, our devices will allow you to manage an ever-expanding range of assets, including your value, identity, data, stocks, and more.

 

Who is Sebastien Badault?

Badault is a seasoned operator with years of experience at the intersection of technology, security and online worlds. Badault previously served as Managing Director for France, Belgium and Luxembourg at Alibaba, building the company’s Luxury Pavilion, which has become China’s largest online luxury platform.

Prior to joining Alibaba, Badault was one of the first employees for both Google France and Amazon France, driving sales and marketing teams to build local market share and enhance the online ecosystem for both organizations. He spent more than 10 years at Google, where he ran the company’s French operations and was a founding member of the Global Client and Agency Solutions Organization. With Amazon, Badault served as European Business Development Manager, where he led the group’s customer and partner acquisition strategy across the UK, Germany and France.

 

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