Near-daily exploits in decentralized finance are emerging as the primary obstacle preventing traditional financial institutions from adopting blockchain infrastructure, according to CertiK CEO and co-founder Ronghui Gu. April proved the worst month for DeFi security in four years, with protocols suffering attacks on 27 out of 30 days. The surge is being driven in part by AI-powered hacking tools that allow bad actors to identify and exploit smart contract vulnerabilities faster than ever before. For major banks and asset managers weighing trillion-dollar moves onto public blockchains, the persistent security failures present an unacceptable risk threshold. Until DeFi protocols can demonstrate consistent resilience against sophisticated, automated attacks, institutional adoption is likely to remain cautious despite growing interest in blockchain-based financial infrastructure.
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