DeFi Sees 40% Fewer Financial Losses as CeFi Struggles With Breaches

TL;DR DeFi reduces losses by 40% thanks to improved security measures, including robust bridges and advanced cryptographic techniques. Attacks on CeFi rise sharply, surpassing $694 million in total losses due to increased vulnerabilities in centralized systems. Access control vulnerabilities remain a critical concern in both DeFi and CeFi, with devastating financial consequences for the... source: https://crypto-economy.com/defi-sees-40-fewer-financial-losses-as-cefi-struggles-with-breaches/