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Are the stakes that huge for potential exploiters? It seems that exploits can write off a bunch of value from the exploited but, at least for big and quickly no
by dan-robertson 5y ago
Are the stakes that huge for potential exploiters? It seems that exploits can write off a bunch of value from the exploited but, at least for big and quickly noticed exploits, it is hard to launder the gains into the ‘legitimate’ part of the ecosystem with big exchanges and suchlike.
- rawtxapp 5y agoI think last year alone had more than a billion dollars worth of crypto hacked on defi, there's some trackers out there [1]. On one hand, you have amateurs that leave their private keys on cloud services and try to cash out while living in a place like NYC, on the other hand, you have people who know what they are doing or perhaps live in places that actively encourage those activities [2]. 1: https://cryptosec.info/defi-hacks/ https://cryptosec.info/defi-hacks/ 2: https://www.bbc.com/news/business-59990477 https://www.bbc.com/news/business-59990477