Web3 Security in 2023: A Billion Dollar Problem
Too Long; Didn't Read
Web3 and the world of decentralized financial technology evolve rapidly, but security flaws and hacks come with them. $3.1 billion was lost from hacks of well-established projects and protocols in 2022. Bridges accounted for 50% of all funds affected by hacks. Hackers can exploit these vulnerabilities by finding and exploiting errors in the code. Find all this and more in Cyvers 2023 Web3 Security Report.