So lately there's one of DeFi platforms (
Akropolis) that has
admitted they got hacked (over 2 million in DAI) through a flash loan attack recently.
Previously there are several DeFi got the flash loan attack as well such as Harvest finance and bZx.
What's your thought about it? Does DeFi are too vulnerable to be attacked?
Its sad to see more DeFi services being hacked here and there, but its really not as bad as we think of it.
For instance here are some statistics about bank crypto crimes
statistics , and that does not include real bank robberies.
So compared to banking system - crypto is relatively safe.
But it may feel like the opposite because we know about basically any big hacking activity in crypto market thanks to transparency of the system.
Which is not the case for banking system