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Fraudsters began creating their decentralized finance projects (DeFi, traditional but blockchain-based applications and services), while deliberately including a bug in the code. With its help, criminals subsequently illegally withdraw client funds through a smart contract, bypassing the algorithm that guarantees the inviolability of user investments.



By the way, DeFi projects now account for more than half of the attacks in the crypto industry, since over $51 billion are concentrated in them.
 
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