The founder of the Curve Finance platform, Mikhail Egorov, said that decentralized projects have faced a new wave of threats — planned attacks by hired hacker groups.
Fraudsters have begun to work more often on order, exploiting vulnerabilities in the infrastructure of decentralized projects, including domain registrars, Egorov said.
“Hacker groups coordinate their actions on different platforms, simultaneously hacking them for greater effect and profit,” the creator of Curve Finance clarified.
According to him, coordinated raids by attackers are extremely dangerous for the crypto industry. The blockchain market will have to implement stricter security standards than in the traditional finance market, since transactions are irreversible and the damage from attacks is often irreparable.
The founder of Curve believes that hired raids by attackers are becoming more and more systemic. Hackers receive money for carrying out attacks on decentralized systems from competitors, which makes it even more difficult to protect projects.