November 30, 2021, 5:25PM EST
• 11 min read
Quick Take
- As DeFi continues to grow, exploiting smart contracts will become more and more lucrative
- While hacks are inevitable, reasonable efforts can be made to ensure that the likelihood of their occurrences is kept at a minimum
- Smart contract audit firms are facing unprecedented demand and this may eventually be a limiting factor for DeFi’s development
- Bug bounties and automated auditing software are going to play a crucial role in ensuring the security of smart contracts
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