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The Crypto World Is on Edge After a String of Hacks
- jqpabc123 4y agoThis year, $2.2 billion in cryptocurrency has been stolen from DeFi projects Many of the thefts have stemmed from flaws in the computer programs — known as “smart contracts” — that power DeFi. The technology is “highly complicated, and complexity is the enemy of security,” said Steve Walbroehl, a founder of the crypto security firm Halborn. Note that blockchain is just accounting and mostly irrelevant to the scams and hacks that are proliferating in all directions.