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BTCC / BTCC Square / Global Cryptocurrency /
Crypto Security Gaps Expose Billions to Off-Chain Risks, Hacken Warns

Crypto Security Gaps Expose Billions to Off-Chain Risks, Hacken Warns

Global Cryptocurrency
Author:
Global Cryptocurrency
Release Time:
2025-05-21 12:49:02
0

Blockchain forensic firm Hacken reveals a critical blind spot in cryptocurrency security practices. While projects obsess over on-chain protections, off-chain vulnerabilities—including insider threats and credential leaks—are left unchecked, potentially exposing billions in assets.

"Audits shouldn’t be treated as a checkbox or a logo on your homepage," says Hacken CEO Dyma Budorin. The industry’s reliance on static security snapshots creates false confidence; smart contract updates routinely RENDER audits obsolete, yet many firms treat them as marketing tools rather than ongoing safeguards.

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