Time to halt the exploits
And since it planned on building a circuit breaker structure, then smart contracts can delay settlements while cooling down attempted withdrawals. The proposal mentioned, Over the last 365 days, several DeFi projects have experienced numerous exploits and flash loan attacks. And as of this writing, it amounted to $2.85 billion. This has prompted questions about the security of storing funds there or transacting via the networks.“Hackers are often able to exploit DeFi protocols due to their ability to rapidly drain funds before any countermeasures can be initiated.
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CryptoAmb - 🏆 22. / 68 Read more »