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Security firms seek to make it more difficult for scammers to get away with DeFi project hacks

Early Wednesday, CertiK issued a community alert regarding Flurry Finance, where its smart contracts were allegedly breached by hackers, leading to $293,000 worth of funds being stolen. Shortly after the incident, CertiK published the wallet addresses of the alleged perpetrator, the address of the malicious token contract, and a PancakeSwap pair address allegedly involved in the attack, leading to a warning issued on BscScan. While the firm audited the project’s smart contracts, it appears that the exploit was the result of external dependencies.

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Source: Cryptocurrency - investing.com

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