Too Long; Didn't Read
Over the past year, we have seen a massive jump in activity and value for the crypto and decentralized finance (DeFi) spaces. Despite this jump, many experts agree that crypto and DeFi are still in their early days. The market needs to tighten up on security, or hacks will continue to happen, experts say. The Bitcoin whitepaper itself is just 13 years old – a baby, compared to the traditional financial industry, which was formed centuries ago. In 2020 alone, there was a massive drop in the number of crypto-related data breaches worldwide.