Defi Hacks: How to Detect Vulnerabilities of the Chain
Too Long; Didn't Read
DeFi attacks accounted for nearly $2 billion USD in 2022 alone. Most hacks take place through the social engineering of private keys. Users error and a failure to perform due diligence allows hackers unauthorized access. Blockchains can also be vulnerable because of improper transaction nonce validation or improper blockchain magic validation.