Welcome to BeerMoneyForum.com - BIGGEST MAKE MONEY FORUM ONLINE

[DotStar]

The decentralized money (DeFi) biological system saw a flood in hacks in 2022, with the all out worth of taken reserves outperforming $6 billion, as per information from crypto data analyst Kofi, a contributor at DefiLlama.
The year was set apart by various high-profile hacks and security breaks, with the Ronin hack standing out as the greatest DeFi disaster of the year.

As indicated by Kofi, the $6 billion figure addresses the worth of the taken assets at the time they were initially taken. Nelson Ijih, a crypto analyst, tweeted that the figure would be considerably higher if other "crypto hacks" were incorporated.

DeFi attackers used a large number of methods to take advantage of weaknesses in Web3 projects.
As revealed by U.Today, Chainalysis, a New York-based examination firm, as of late detailed that the worth of illegal digital currency exchanges arrived at an untouched high of a faltering $20.1 billion of every 2022, which addresses a 40% increment from the earlier year. North Korea was liable for taking a significant part of those assets.

 

[gammarays]

One of the major factors affecting decentralized finance and crypto is security. There's huge money locked in defi dapps so it's usually targeted by hackers. Despite the funds put into security, they're still not safe.

 

[Flower]

The decentralized finance has recorded a lot of hacks and huge amount of money was lost from this platform last year. It was predicted that many hacks will also be recorded this year as well . It is quite unfortunate that the hackers are really on top of the game.

 

[sijansarker]

One of the major factors affecting decentralized finance and crypto is security. There's huge money locked in defi dapps so it's usually targeted by hackers. Despite the funds put into security, they're still not safe.

it's real and help us

 

[sijansarker]

it's real and nice

 

[gammarays]

I think it has necessitated security checks on contracts by professional security firms. These security firms like Certik usually advise these projects on loopholes in their smart contracts and best ways to maintain security. However, they're not in charge of securing the projects from hacks.

 

[Margery]

Throughout 2022, decentralized financial services (DeFi) have been constantly attacked and hacked. One of the most notorious cases was the Pickle Finance platform hack in July 2022. It is assumed that the attackers took about 20 million US dollars in Ether. Due to this, there has been a major DeFi security study that has led to stricter rules and security measures.
This is a lot of money and therefore services need to strengthen security constantly.