In 2024, access control vulnerabilities in the crypto world are leading the way with 75% losses in the DeFi, CeFi, and gaming/metaverse sectors! 🚨 According to Hacken, these vulnerabilities caused $1.7 billion in losses. On the other hand, smart contract vulnerabilities caused only 14% loss.
While the DeFi sector reduced its losses by 40% thanks to security measures, the gaming/metaverse space is still struggling with challenges. Measures such as strong key management and multi-signature management are essential! 🔐