Crypto Security: How To Protect Your Project From Hacking

In the first quarter of 2022, hackers stole $1.2 billion from DeFi protocols through vulnerabilities in smart contracts. The amount of lost and withdrawn funds continues to grow in the crypto sphere and especially DeFi, which undergoes the larger half of attacks. There are several common causes of smart contract hacks and exploits: Compromised admin key, errors in smart contract logic and errors in the smart contract's logic. The introduction of multi-factor authentication will improve the security measures of your …

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