The main reason for the acceleration of attacks on DeFi projects is the sector’s growth, Nick Smart, Crystal’s director of blockchain intelligence and data, told CoinDesk. While projects are rushing to market with insufficient testing, centralized exchanges are improving their security, he said, bowing to user demand and heightened attention from regulators.
Source: https://www.coindesk.com/business/2022/07/27/defi-has-become-crypto-crimes-main-arena-crystal-blockchain-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines