The Binance Hack Spells Opportunity for CUs, with Jon Ungerland

When headlines broke that $6 billion in digital assets were stolen from Binance, the immediate instinct for many credit union executives was to hit the brakes on digital asset strategy. In this episode of TechSolutions4CUs, host John San Filippo sits down with Jon Ungerland, CIO of DaLand CUSO, to unpack why credit unions should actually be putting their foot on the gas.
Ungerland breaks down the crucial distinction between a failure of an unregulated, cloud-based exchange and the unbroken security of underlying distributed ledger networks like Bitcoin, Ethereum, and USDC. Together, they…