Hackers Paradise: Yet Another Defi Protocol Exploited for Nearly $20 Million in DAI

One must be careful with software. It may seem simple, but it is not, and it is certainly not something you can force into production. It needs to be tested, tested, tested, and tested again. It will never be perfect. There will always be holes and vulnerabilities in it. These people who are expediting the production of these weak defi are not helping the decentralization movement.

>>> “Cyber-security expert Dmytro Volkov told news.Bitcoin.com that the defi hacking frenzy was a result of hurried project development.”
““Most of the defi projects’ hacks are based on vulnerabilities connected to errors in the source code. Errors in applications occur for various reasons, and it is errors that cause vulnerabilities and subsequent hacks of these applications,” said Volkov, who is also chief technology officer at crypto exchange CEX.IO .”

news.bitcoin.com/hackers-paradise-yet-another-defi-protocol-exploited-for-nearly-20-million-in-dai/