"New Strategies for Smart Contract Security Protection" In the first half of 2024, smart contract security incidents caused losses exceeding $2 billion, a year-on-year increase of 30%. New types of attack methods include: upgraded flash loan attacks, variants of reentrancy attacks, and oracle manipulation. Industry response strategies are becoming diversified: audit firms are developing dynamic detection tools, insurance companies are launching exclusive insurance products for smart contracts, and some project teams are establishing bug bounty programs. Security experts recommend adopting a "depth defense" strategy, combining multiple protective measures such as formal verification and runtime monitoring, while also enhancing security awareness training for developers.
