In 10 years, DeFi has seen more than 500 hacks and around $17B stolen. That number is insane when you actually sit with it. We talk about decentralization, self-custody, open finance and replacing the old system, but the security side still feels like the part this industry keeps learning through pain. Every cycle brings better products, better UX and more capital. But it also brings larger targets. That is the uncomfortable part. DeFi can be one of the most important financial experiments of our generation, but if users need to constantly worry about bridges, multisigs, oracle issues, social engineering, smart contract bugs and wallet risks, mass adoption becomes much harder. The opportunity is still massive. But so is the cost of getting security wrong.
From X

Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.

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