Chainalysis CEO: DeFi Can Emerge Stronger Amid Warnings of Large-Scale Attacks

Chainalysis CEO: DeFi Can Emerge Stronger Amid Warnings of Large-Scale Attacks

By Crypto Economy
TL;DR Chainalysis warned that the DeFi sector, with nearly $150 billion in total value locked, has grown without security standards, exposing users to massive losses. Recent hacks on Balancer and Cetus Protocol pushed this year's total losses above $2.1 billion.

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