FBI warns it will punish DeFi bridge hackers

On Monday, the Federal Bureau of Investigation issued a formal warning to hackers who exploit vulnerabilities in smart contracts to steal funds.

"Between January and March 2022, cybercriminals stole $1.3 billion in cryptocurrencies, nearly 97 per cent of which were stolen from DeFi platforms," the Federal Bureau of Investigation specified. In other words, in 29 out of 30 cases of crypto theft, it's the work of hackers, not some trained scam from developers.

Companies are already working on this vector of cybercrime, namely, finding the most commonly used ways to compromise bridges.

Also, for their part, the FBI recommends that you be much more analytical in your choice of DeFi to invest in, which is directly related to bridges' security and open source. So as we always tell you - DYOR!