Post
Topic
Board Altcoin Discussion
Re: DeFi hacks is becoming a joke
by
laredo7mm
on 04/03/2021, 15:20:19 UTC
Are we been lied to about DeFi projects getting hacked almost every months nowadays? What do you have to say


Everyone is pulling their rugs here. This is not the first time we have seen it though, 2017 was the real big start for projects to suddenly pulling out exit scam and then hackers laying their eyes on crypto because of the huge amount of money involved here.

Probably it's becoming a joke, so it's either investors move away and choose not to be the victim, or people are going to take the risk. It's their choice.

When many new Defi projects are introduced day by day then it's widespread that some of them being hacked or rug pulls by the dev. It's not possible for everyone to check the security measure that has been taken to prevent any hacking activity. So be cautious about any new Defi project or do more research about the protocol they are using for security.