In 2025, cybersecurity reports indicate that DeFi protocols and smart contracts have been subjected to massive breaches with losses exceeding 3.1 billion dollars, and incidents like the UwU hack exposed problems with owner permissions and oracles. Additionally, centralized platforms faced outages and inconsistent compensation policies, shaking user confidence.
In the world of crypto in 2025, the situation is like an action movie but without a superhero. Security reports have stated that breaches in the #DEFİ protocols and smart contracts have led to losses exceeding 3 billion dollars, meaning if that money were in one person's pocket, they could have bought half of Cairo! An incident like #UWU exposed that contracts are sometimes written with code that has vulnerabilities, or the owner has excessive permissions as if they're "the boss of the code," and with oracles sometimes providing incorrect data, things get chaotic. Here, traders learned the lesson: code auditing, permission reviews, and monitoring any updates from bodies like #SEC and FERC that have started to modify laws and impose disclosures so the market remains stable during crises.
As for centralized platforms, the story is no less dramatic. Suddenly, you find a large platform halting trading as if it's "the coffee caravan in the middle of the day," or compensation policies after price crashes vary from place to place, which makes users wonder: "Is my money safe or not?" Reports have clarified that the solution is not just in praying, but in distributing custody, regular testing of withdrawal processes, and ready emergency plans like a "first aid kit" for the market. The message is clear: whether it's DeFi or centralized platforms, security is not a luxury; it's the foundation of trust, and without it, the market is like a car driving without brakes.
