Today news
About the same in other media
DeFi fraud and theft losses reach $10.5 billion in 2021
Reading now: 732
DeFI defines a flourishing alternative financial system that replaces traditional intermediaries with software running on blockchains.According to the Elliptic report, the prevalence of DeFi theft and crime is largely due to the untested and immature nature of the technology available. Mistakes in the design and development of decentralized apps are the most common cause, giving rise to bugs which hackers can exploit, accounting for $10.8 billion of all losses.
Read more on finextra.comAbout this in other media
Gas prices near record highs as Berlin rejects pipeline from Russia theguardian.com /2 years ago
Dutch cannabis cafes see rise in business during COVID-19 pandemic euronews.com /2 years ago
Digital future: the rise of NFTs euronews.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
