DeFi attacks: the second part of the recap

DeFi ProtocolsJune 28, 2021, 5:31AM EDT
UPDATED: March 7, 2022, 1:50PM EST
DeFi attacks: the second part of the recap
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Previously, The Block Research looked at how DeFi attacks occur in general and then gave specific examples of attacks in the first six months from their inception. Half a year was enough for attackers to steal more than $30M from users of Ethereum DeFi protocols in ten attacks.

The current part of this recap is during the period when DeFi attacks only occurred on Ethereum, and many DeFi protocols' copycats were launched with minimal changes. At that time, naive users thought that forks of a successful project would inherit its security, although even a change in just one line of code could put the entire TVL at risk.

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