Thinking Like a Hacker: The Threat of DeFi Hacks for Financial Institutions

Written by lior-lamesh | Published 2021/12/02
Tech Story Tags: cryptocurrency | banking | defi | hackers | blockchain | security | defi-hacks | defi-hack-prevention

TLDRWhen approaching DeFi, banks and other financial institutions must make sure to take the appropriate precautions in terms of security. The two main rules to follow is having a thorough and rigorous private key management policy and thoroughly auditing the smart contracts of services they want to make accessible to clients.via the TL;DR App

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Written by lior-lamesh | Co-Founder and CEO of GK8
Published by HackerNoon on 2021/12/02