#KiloEx got hit hard $7.5M gone due to a price oracle exploit. Another wake-up call for DeFi! đŸ˜©

As a crypto investor, this stings. It’s not just about the loss; it’s the trust that takes a beating. Oracles are the backbone of DeFi, but they’re still a weak link.

We can’t keep tripping over the same stone.

đŸ“·For me, it’s a reminder: dig deep into a protocol’s security before throwing money in. Diversify, don’t bet the farm on one project, and keep an eye on audits.

DeFi’s potential is massive, but it won’t grow up until we lock down these vulnerabilities. Time for the space to get serious about bulletproofing itself!

#Crypto #DeFi #InvestSmartđŸ’Ș