DeFi users know what will happen to their funds when they use them because smart contract codes governing these protocols are publicly accessible by default. DeFi developers can take a leaf from traditional financial institutions in making their platforms more secure, these hackers typically launder crypto through “mixers”, which blend cryptocurrencies from various users to obfuscate the origins of the funds. North Korea-backed hackers stole $1.7bn (£1.4bn) of crypto in 2022, says blockchain analysis firm Chainalysis. Is investing on Crypto worth ?

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