The Best Practices for Web3 Security Risk Mitigation

Blockchain vulnerabilities are real. In fact, according to Forbes, there have been several high-profile crypto heists in recent years that have taken place on blockchains—and many cybersecurity experts would agree that a 51% attack represents just a learning curve for these companies. In 2020, bitcoin gold suffered a 51% attack resulting in over $72,000 worth of bitcoin gold tokens being double-spent. And just last month, Axie Infinity was hacked to the tune of $625 million by hackers stealing from the …

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