Prominent white-hat hacker Samczsun lands himself a job in venture capital firm <a href="https://www.cryptoknowmics.com/news/paradigm-joins-digital-asset-companies-to-sponsor-bitcoin-core-developer/">Paradigm</a>. Samczsun brings his skills and expertise to the investment firm while saving over millions of dollars worth of crypto thefts.

According to a <a href="https://samczsun.com/changing-lanes/">blog post,</a> Samczsun's responsibilities at Paradigm will now include helping to evaluate the safety and security of potential portfolio companies while assisting the current ones.

https://twitter.com/samczsun/status/1314586271570972674?ref_src=twsrc^tfw|twcamp^tweetembed|twterm^1314586271570972674|twgr^share_3&amp;ref_url=https%3A%2F%2Fdecrypt.co%2F44540%2Fprominent-hacker-heads-crypto-vc-firm-paradigm
<h2><strong>Bringing Security and Audit Expertise To Portfolio</strong></h2>
In September 2020, Samczun rescued approx. $10 million in ETH from being stolen.

Matt Huang, co-founder and managing partner of Paradigm, told <a href="https://decrypt.co/44540/prominent-hacker-heads-crypto-vc-firm-paradigm"><em>Decrypt</em></a> that Samczsun will “bring his security and audit expertise to the portfolio.” The portfolio includes the likes of popular crypto players like DEX Uniswap, wallet Argent, censorship-resistant Keep Network, and decentralized storage platform Sia.

Huang further tells the <em>Decrypt</em>, “Paradigm is focused on building a truly crypto-native team that deeply understands the frontier of crypto. We want to be able to help our portfolio with everything from high-level strategy and recruiting, to mechanism design and engineering.”
<h2><strong>Samczsun: DeFi Bug Hunter Expert</strong></h2>
The pseudonymous hacker is quite well-known in the crypto space for discovering bugs in the DeFi landscape. During a September hack, Samczsun discovered over 25,000 ETH (then worth $9.6 million) lying in a vulnerable smart contract from Defi Project Lien Finance.

Knowing that the money might get stolen, Samczsun and associates moved the money safely while not drawing any attention to bots that might exploit the smart contract.
<h2><strong>Paradigm's High Profile Hiring Spree</strong></h2>
Samczsun is another high profile hire for Paradigm. In July, the venture capital firm hired former Acting General Counsel of the US Department of Homeland Security, Gus Coldebella as its general counsel.

Having previously served as a chief legal officer for Circle (which issues the USD Coin stablecoin along with Coinbase), Coldebella brings his government experience within the crypto space.

Venture Capital Paradigm Hires Prominent White-Hat Hacker Samczsun

Prominent white-hat hacker Samczsun joins venture capital firm Paradigm to evaluate the safety and security of potential portfolio companies.

Jafrin is a cryptocurrency journalist/researcher fascinated by the world of decentralization. She is hopeful towards blockchain’s innovation and its potential to reshape the world for good. Currently, she is bringing out the best of cryptosphere via covering the latest ins and outs of the blockchain space.

Venture Capital Paradigm Hires Prominent White-Hat Hacker Samczsun

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