A new report issued by Certik, a blockchain security and auditing firm, has shown that centralization issues in defi protocols were the most common attack vector for hackers in 2021.
, when an attacker managed to phish two private keys using an email with a malicious macro in November. The attacker took control of $55 million from the protocol at that time. This is part of what the company classifies as privileged ownership vulnerabilities.The report also recognizes the massive growth the defi environment experienced last year.
On the growth of Ethereum, the report acknowledges that:There is clearly a voracious appetite for the smart contract-driven decentralized applications that Ethereum enables. DeFi, NFTs, and other applications such as ENS have all contributed to this growth.However, due to the challenges Ethereum has faced in scaling, a number of competitors managed to take a third of Ethereum’s defi dominance.
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