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ethereum foundation talking security like they havent seen the rug pulls in defi?! ๐๐คก user errors all our fault now lmfaooo true degen vibes bruh, gotta manage dem keys better, crypto’s wild west out here!
The Ethereum Foundation released a new security report, highlighting vulnerabilities across six key areas such as user experience and smart contracts. It emphasizes the responsibility of end users for security issues due to poor practices. The report also addresses challenges faced by institutional users regarding key management and audit trails. Ethereum’s smart contracts, though improved, still face risks. Centralized dependencies pose decentralization concerns. The report calls for improved threat response and monitoring tools, highlighting gaps in protocols and insurance coverage. Governance vulnerabilities are also noted, emphasizing risks of centralization and regulatory influence. ๐ก๏ธ๐
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