Technical and Economic Attacks on DeFi
During the meetup, Algys Ievlev from MixBytes discussed recent attack vectors targeting DeFi projects from 2020-2021. He clarified differences between technical and economic attacks, explained the emergence of flash loans, and why they've become a go-to tool for hackers.
- 🔹 Technical vs. economic attacks in DeFi
- 🔹 How flash loans reshaped DeFi exploits
- 🔹 Why flash loan vulnerabilities dominated recent hacks
- 🔹 Case studies: Harvest Finance and other notable attacks
- 🔹 Smart contract security audits: What to know?
- 🔹 How to select reliable auditors?
- 🔹 Can formal verification and static analysis prevent future exploits?
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