FBI says investors should take precautions before putting money into decentralized finance platforms

Cybercriminals are increasingly exploiting security flaws in smart contracts to steal cryptocurrency, according to the Federal Bureau of Investigation. In an advisory it published on Monday (via Bleeping Computer), the agency warned investors of a significant uptick in attacks targeting decentralized finance platforms. Between January and March of this year, hackers stole $1.3 billion worth of cryptocurrencies, with almost 97 percent of that money coming from DeFi platforms, the FBI said citing ...