DeFi Vulnerabilities Exploited By Illicit Actors, Says US Treasury Report

DeFi Vulnerabilities Exploited By Illicit Actors, Says US Treasury Report


Bitcoinist
2023-04-06 19:55:27

A new report by the United States Treasury Department highlights the growing concern of the US regulatory agencies regarding “illicit” actors exploiting decentralized finance (DeFi) services and their associated vulnerabilities. The report defines DeFi as virtual assets protocols and services that allow for automated peer-to-peer transactions using smart contracts based on blockchain technology. However, it