DeFi & NFT
By Sydney TheCMO
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Defunct DeFi Protocols Are Getting Picked Apart. Hackers have found a particularly ugly angle here. Abandoned decentralized finance protocols —…
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AI Cuts Both Ways in the Audit Race. The shift AI is forcing on security strategy is significant.
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The pressure is real. AI is moving faster than most blockchain security teams can keep up with, and the gap between "we'll schedule an audit next quarter" and "we just lost…
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Security researchers are now pushing hard for more frequent crypto audits. The reason is pretty straightforward: AI tools can tear through blockchain codebases in hours, not…
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Hackers have found a particularly ugly angle here. Abandoned decentralized finance protocols — systems that developers walked away from, stopped maintaining, stopped watching —…
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Millions have been drained from customer accounts through exactly this kind of exploit. Hackers go looking for neglected systems, find the weak spots that nobody bothered to…
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Security experts are now saying companies can't just write off defunct protocols as irrelevant.
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And the financial losses aren't small. The pattern is consistent enough now that it's hard to call it a surprise — yet teams keep getting caught off guard.
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The shift AI is forcing on security strategy is significant. Traditional audit schedules — quarterly reviews, annual check-ins — were built around human-speed analysis.
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More context: Crypto Trader Loses $1 Million After Approving a Single Bad Token
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AI can process vast amounts of data quickly, turning what used to be a weeks-long process into something that wraps up in hours.
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But it also means the old assumption — that you had time to react — doesn't hold anymore. Attackers using similar tools can identify and move on a vulnerability before a…
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Experts are advising companies to shift toward continuous monitoring rather than periodic reviews.
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That's a meaningful operational change. It costs more. It requires different staffing. And for a lot of smaller DeFi projects, it's a harder lift than it sounds.
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Still, the alternative is worse. The exploitation of abandoned protocols is a clear signal that neglect has a price tag.
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