DeFi rather than CeFi continues to be the top target for hackers, highlighting the evolving landscape of cyber threats in the cryptocurrency sector. Many smart contracts, fundamental to DeFi platforms, have not undergone comprehensive security audits, leaving significant vulnerabilities exposed. Couple this with the substantial amounts of funds locked within these contracts, DeFi has become an increasingly attractive target for those looking to exploit these weaknesses. As this sector continues to grow, the imperative for robust security measures and vigilant oversight becomes ever more critical to safeguard against these emerging threats.
