The founder of the Curve Finance platform, Mikhail Egorov, said that decentralized projects were faced with a new wave of threats – planned attacks by hired groups of hackers.

Fraudsters began to work more often, using vulnerabilities in the infrastructure of decentralized projects, including domain registrars, Yegorov said.

“Hacker groups coordinate their actions on different platforms, while hacking them for a greater effect and profit,” said Curve Finance creator.

According to him, the coordinated raids of attackers are extremely dangerous for the crypto industry. The blockchain market will have to introduce more stringent security standards than in the market of traditional finance, since transactions are irreversible and damage from attacks is often irreparable.

The founder of Curve believes that the custom -made raids of the attackers are becoming more systemic. Hackers receive money for conducting attacks on decentralized systems from competitors, which further complicates the protection of projects.

Earlier, the head of the Kraken cryptocurrency exchange service, Nick Percoco, said that participants in crypto conferences and seminars often neglect simple security measures, which makes them light targets for hackers.