With the recent report highlighting over $1.4 billion lost to hacks and scams in the crypto space this year, it's clear that while security measures are improving, vulnerabilities still exist—especially in DeFi. Given that the BNB Chain and Ethereum ecosystems are the most targeted, what strategies do you think projects should adopt to enhance their security further?
Additionally, how do you feel about the balance between decentralization and security? Is it possible to maintain the ethos of DeFi while ensuring robust protection against malicious attacks? Let's discuss!
With the recent report highlighting over $1.4 billion lost to hacks and scams in the crypto space this year, it's clear that while security measures are improving, vulnerabilities still exist—especially in DeFi. Given that the BNB Chain and Ethereum ecosystems are the most targeted, what strategies do you think projects should adopt to enhance their security further?
Additionally, how do you feel about the balance between decentralization and security? Is it possible to maintain the ethos of DeFi while ensuring robust protection against malicious attacks? Let's discuss!
- By Anonymous