UTC-05:00,Tuesday , July 14th 2020

OKEx CSO: Entire Industry Must Re-Examine Financial Risks And Technical Defects In Defi Ecology

00:28 Tuesday , June 30th 2020
OKEx Chief Strategy Officer XU Kun forwarded a post on Balancer attack incident on Weibo (Chinese Twitter) and said that at present, the Defi ecosystem is undergoing shocks and tests. Cryptocurrencies and smart contracts are combined and multiple systems are connected, depending on each other and adding the inherent risk.
The security incidents that have occurred in the past few months have gradually exposed the security risks of the Defi ecosystem. Now, the entire industry must act immediately and re-examine the financial risks and technical defects of the Defi ecosystem.