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An updated look at DeFi audits and bug bounties

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 …