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Centralization Caused Most Decentralized Finance Hacks in 2021

Centralization issues have emerged as the main attack vector in decentralized finance (DeFi), facilitating the largest share of the hacks – with USD 1.3bn worth of user funds stolen in 44 DeFi attacks last year, according to a recent report by security-focused ranking platform CertiK. CertiK’s experts say they identified some 286 discrete centralization risks throughout the 1,737 audits they performed in 2021…. Read More: Centralization Caused Most Decentralized Finance Hacks in 2021

Continue reading on https://cryptonews.com/news/centralization-caused-most-decentralized-finance-hacks-2021.htm


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