TheBlock
2021-11-30 22:25:20

An updated look at DeFi audits and bug bounties

Quick TakeAs DeFi continues to grow, exploiting smart contracts will become more and more lucrativeWhile hacks are inevitable, reasonable efforts can be made to ensure that the likelihood of their occurrences is kept at a minimumSmart contract audit firms are facing unprecedented demand and this may eventually be a limiting factor for DeFi’s developmentBug bounties and automated auditing software are going to play a crucial role in ensuring the security of smart contracts

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.