This is not a drill! All Defi Projects should adopt the standard security stack – Audits + Automated monitoring + Bug Bounties

https://medium.com/immunefi/how-blockchain-projects-can-run-ethical-bug-bounty-programs-and-what-happens-if-they-dont-7dc8a092ede3

#drill #Defi #Projects #adopt #standard #security #stack #Audits #Automated #monitoring #Bug #Bounties

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  1. *Crypto is the wild west, which is both a strength and a weakness. It’s a strength because its norms of freedom, tolerance, and open-mindedness allow for a culture that genuinely supports building radically new things — what Silicon Valley used to represent. But it comes at a cost. Frontiers can be lawless places with bad actors who take advantage of tolerance, limited oversight, and lack of regulations to scam, defraud, and hack.

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