FBI: These Are Popular Attack Vulnerabilities for DeFi Segment

Reading Time: < 1 minute

The FBI has just issued a warning about the most common vulnerabilities used by cybercriminals to attack DeFi platforms.

According to a report published by analytics firm Chainalysis, between January and March, cybercriminals stole $1.3 billion in cryptocurrencies. Of these, almost 97% are stolen from DeFi platforms.

The FBI has identified three common tactics for attacking this segment of the crypto market: initiation of a flash, using a vulnerability in cross-chain bridges and manipulating the prices of cryptocurrencies by exploiting a number of vulnerabilities.

The FBI has added:

“Cybercriminals are looking to take advantage of the heightened interest of investors in cryptocurrencies, as well as the complexity of the cross-chain functionality and open source DeFi platforms.”

Follow and like us on
Thehodlernews.com
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.