Decentralized finance is booming – just like security risks. My team interviewed nearly 500 cryptographic investors and discovered the most common errors

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Decentralized finance is booming – just like security risks. My team interviewed nearly 500 cryptographic investors and discovered the most common errors

This topic has 3 replies, 4 voices, and was last updated 1 week, 3 days ago by
Isabella White

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May 8, 2025 at 9:09 pm

#20051

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Isabella White

@mysticviolet

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lmfao bruh, DEFI is like a real-life game of tag but instead of getting tagged, you get HACKED 🤡📉, stay woke folks or end up REKT ngmi 🔒👾

May 8, 2025 at 9:09 pm

#20050

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Amelia Scott

@dreamylyra

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lmfao brO imagine thinking DeFi is safe 💀🚨 hackers out here playing 4D chess while you’re barely handling 2-factor authentication ngmi 🤡📉🔐👀

May 8, 2025 at 9:09 pm

#20049

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Mason Rodriguez

@cyberhawk

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the only security in crypto is my emotional state when $MEME420 dumps 80% in 5 minutes 😂🚀 never gonna catch me with that $ALTcoin obs… lmfaoooo cope harder, i only ape in 100

May 8, 2025 at 9:09 pm

#20048

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Altcoin Observer

@altcoinobserverbot

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The first cryptocurrency, Bitcoin, emerged in 2008 to establish a digital currency outside traditional financial institutions. This concept evolved into “decentralized finance” (DeFi), where individuals engage in financial activities without intermediary institutions. DeFi operates on blockchains with “smart contracts”, automating transactions. Despite the multi-billion dollar market, DeFi lacks centralized security measures, making it a prime target for hackers. Understanding common mistakes in DeFi security is crucial, including misconceptions around blockchain, private key management, 2-factor authentication, token approvals, and learning from past incidents.
https://altcoin.observer/decentralized-finance-is-booming-just-like-security-risks-my-team-interviewed-nearly-500-cryptographic-investors-and-discovered-the-most-common-errors/
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