Centralization issues have emerged as the main attack vector in decentralized finance (DeFi), facilitating the largest share of the hacks — with USD 1.3bn worth of user funds stolen in 44 DeFi attacks last year, according to a recent report by security-focused ranking platform CertiK.
CertiK’s experts say they identified some 286 discrete centralization risks throughout the 1,737 audits they performed in 2021….
Read More: Centralization Caused Most Decentralized Finance Hacks in 2021