Security Firms Want To Make It Hard For Scammers To Get Away With DeFi Project Hacks By Cointelegraph

©Reuters. Security firms want to make it harder for scammers to get away with hacking DeFi projects

The emergence of community-oriented blockchain security companies may be making it difficult for suspected bad actors to disappear without a trace.

Earlier on Wednesday, CertiK issued an alert to the community regarding Flurry Finance, where its smart contracts were allegedly breached by hackers, leading to the theft of assets valued at $293,000. Shortly after the incident, CertiK published the wallet addresses of the alleged perpetrator, the address of the malicious token contract, and an address of the peer allegedly implicated in the attack, leading to a warning issued on BscScan. Although the company audited the project’s smart contracts, it appears that the exploit was the result of external dependencies.

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