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FBI issues alert over cybercriminal exploits targeting DeFi By Cointelegraph

FBI issues alert over cybercriminal exploits targeting DeFi By Cointelegraph


FBI issues alert over cybercriminal exploits targeting DeFi

The U.S Federal Bureau of Investigation (FBI) has issued a fresh warning for investors in decentralized finance (DeFi) platforms, which have been targeted with $1.6 billion in exploits in 2022.

In an Aug. 29 public service announcement on the FBI’s Internet Crime Complaint Center, the agency said the exploits have caused investors to lose money — advising investors to conduct diligent research about Defi platforms before using them, while also urging platforms to improve monitoring and conduct m rigorous code testing.

FBI recommends due diligence, testing

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