Without an update to the current auditing infrastructure, the crypto space will likely continue to suffer significant losses, explains Beyer. The crypto sector has been plagued by cybersecurity issues for years. Malicious actors, particularly North Korea’s Lazarus Group , have stolen more than $2.2 billion since 2022, prompting the industry to triple its number of code audits within the same period of time. But more audits have not translated into fewer losses. Neither the total number of incid…
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