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DeFi's $7.7B Hack Crisis Highlights Underinsured Risks

Source: Kucoin

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<p>Yield-chasing is winning out over protection in DeFi — and it’s leaving billions vulnerable to hacks. What began as the 2020 “DeFi Summer” promise — a permissionless, transparent financial system without intermediaries — now routes tens of billions through decentralized protocols. But that liquid

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