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Loss of Digital Assets Worth $1.4 Billion Due to Issues with Private Key Management

Loss of Digital Assets Worth $1.4 Billion Due to Issues with Private Key Management WikiBit 2023-12-18 17:51

Loss of Digital Assets Worth $1.4 Billion Due to Issues with Private Key Management

According to IntoTheBlock data, analysis of DeFi vulnerabilities reveals that most digital asset losses originate from flaws in mechanism design and smart contract vulnerabilities, highlighting the urgent need for comprehensive audits. It's worth noting that issues related to private key management resulted in digital currency losses valued at $1.4 billion.

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