How do DeFi protocols get hacked?

How do DeFi protocols get hacked?

An analysis of several dozen hacks identifies the main vectors and typical vulnerabilities in the decentralized finance sector. The decentralized finance sector is growing at a breakneck pace. Three years ago, the total value locked in DeFi was a mere $800 million. By February 2021, the figure had grown to $40 billion; in April 2021, it attained a milestone of $80 billion; and now it stands at above $140 billion. Such rapid growth in a new market could not but attract the attention of all manner of hackers and fraudsters.According to a report by crypto research company, since 2019, the....


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