DeFi Security isn't Just a Trend. It's a Necessity For Everyone | HackerNoon

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DeFi Security isn't Just a Trend. It's a Necessity For Everyone | HackerNoon
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'DeFi Security Isn't Just a Trend. It's a Necessity For Everyone' defi defisecurity

, showing that the market still has a long way to go as far as security is concerned.

The interview takes questions from Vygandas Masilionis and Domantas Pelaitis - the Chief Executive Officer and Chief Technology Officer at Lossless. Vygandas: DeFi grew enormously in the matter of TVL, I just remember when in 2020 August only $7bn was locked and it looked like a lot. From that point, there were plenty of hacks/scams. The majority of them were because of lack of knowledge and rush because everyone was forking each other with the same bugs. Luckily, later on, people started not trusting easily forked projects and more projects started to take it seriously and do everything without rush - with more internal testings and audits.

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