PureFi introduces SafeTransact — a novel approach to safeguarding
According to Security Magazine, there are over 2,200 cyberattacks happening daily in the crypto space, breaking down to nearly one cyberattack every 39 seconds. The latest Chainalysis report marks decentralized finance as the sector most suffering from hacks and leaks: in 2022 alone, DeFi protocols lost $3.1 billion to bad actors and malware. Overall, there was over $20 billion in illicit activity in 2022. Despite its astonishing growth rate, the DeFi space is yet to develop robust security measures to help users confidently navigate the brave new world.
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