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TheBlock 2020-07-06 21:19:34

Composability and other tools for attacking crypto protocols

Quick TakeIncreasingly, those looking to steal funds by attacking smart contracts are taking advantage of the unexpected ways smart contracts behave when combined togetherIn 2020, the total amount siphoned or stolen in decentralized finance attacks has reached $36 million. However, most of that money was returned because dForce’s attacker returned the stolen $25 millionThe average value lost per hack has decreased significantly from the early days of Ethereum. Eight of the 10 attacks in 2020 have been for below $1 million

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