We previously warned against interacting with ANY DeFi dApps due to a critical ongoing situation involving Vercel. While comprehensive data is still limited, the current trajectory suggests that front ends may be vulnerable to compromise via GitHub or supply chain attacks. It is important to note that these specific attack vectors have historically been the backbone of the industry's most devastating crypto exploits.
Another issue for projects, AN INTERESTING EXAMPLE Imagine a sample project where you don't even need to be a hacker. You find the CA address, and with a single line you can run there, money can be stolen. The amount that can be stolen is 10 million dollars. A bug bounty is reported because the person isn't a malicious hacker. The team first rejects and denies it. You take 0.01 dollars as a test because they asked you to demonstrate it. Immediately, dozens of messages and emails follow, and the team that found the exploit is paid a measly 500 dollars.
Or you find something and get the response, this was already found. If it was found, why haven't you fixed it yet? When this critical issue meets another critical one, it turns into a total zeroday.
Then look at what happens,even though AAVE is not at fault, DeFi takes a very serious hit to its reputation.
Projects, CEXs, and platforms need to launch serious bounty programs right now. They must increase the amounts. Otherwise, if those who enthusiastically find your vulnerabilities decide to cross over to the dark side, you will have huge problems.
Specifically, stay away from small CEXs. And if anyone claims otherwise or thinks this is just simple praise, let them know clearly
@binance is truly the best. They have literally adopted world security standards in this field.
#SECURE #SAFU #CRYPTO