DeFi's Vulnerabilities Exposed: Balancer Hack and Stream Contagion Spark Risk Mitigation Efforts
Recent major exploits, including the Balancer hack resulting in over $116 million in losses and Stream Finance's $93 million disclosed loss, have highlighted significant vulnerabilities within the DeFi ecosystem. These incidents underscore the urgent need for enhanced security and robust risk management frameworks.
In response, industry players are championing transparency and developing advanced risk assessment tools. RedStone launched Credora, a DeFi-native risk ratings platform, while a coalition including Aave and Uniswap formed the Ethereum Protocol Advocacy Alliance (EPAA) to represent DeFi interests in Washington. Despite market fluctuations and a drop in TVL, DeFi remains a highly active sector, signaling its resilience and ongoing evolution toward a more secure future.


Cryptovka
DeFi
The decentralized finance (DeFi) ecosystem has recently faced significant challenges, with major exploits and liquidity crises highlighting its inh...








