Post
Topic
Board Altcoin Discussion
Re: Yet another Defi platform got hacked again
by
shinratensei_
on 14/11/2020, 04:43:28 UTC
Akropolis is a defi lending and savings protocol. Users can take out loans, and they can also earn interest on crypto deposits. They were hacked because their platform security is not that safe. So for instance, they should have doubled their precautions to prevent this kind of problem.
It's clearly stated that if the attack is not yet discovered by the team and the hacker has found it available on the code. Security is a big problem in crypto history.
So many security incidents happened and it thinks that it can't be solved easily.
The flash loan is a part of decentralization and this is the homework for the defi developers.
All of the hacked cases always related to the flash loan. So many hacked cases in the defi platforms caused by the vulnerability in the flash loan. It's sad to say the flash loan is a must in the defi feature.