#KiloEx got hit hard $7.5M gone due to a price oracle exploit. Another wake-up call for DeFi! š©
As a crypto investor, this stings. Itās not just about the loss; itās the trust that takes a beating. Oracles are the backbone of DeFi, but theyāre still a weak link.
We canāt keep tripping over the same stone.
š·For me, itās a reminder: dig deep into a protocolās security before throwing money in. Diversify, donāt bet the farm on one project, and keep an eye on audits.
DeFiās potential is massive, but it wonāt grow up until we lock down these vulnerabilities. Time for the space to get serious about bulletproofing itself!
#Crypto #DeFi #InvestSmartšŖ