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Home Blockchain

Prioritizing First-Mover Advantage Over Security Leaves Defi Protocols Vulnerable to Hacks – Nikita Ovchinnik

by wireopedia memeber
April 27, 2024
in Blockchain, Crypto, Crypto Market, Cryptocurrency, Finance, Investing, Market
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Prioritizing First-Mover Advantage Over Security Leaves Defi Protocols Vulnerable to Hacks – Nikita Ovchinnik
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According to Nikita Ovchinnik, founder of Barter Defi, decentralized finance (defi) protocols are increasingly becoming the primary target of most hacking attacks because defi “lays bare its inner workings for all to see.” He said the open-source nature of defi means hackers and malicious actors have ample time to study and identify weaknesses or vulnerabilities […]

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