Blockchain hacks exploit smart contract vulnerabilities, exchange security flaws, and DeFi protocol loopholes, leading to billions in stolen assets. Common hacks include flash loan attacks, reentrancy bugs, and rug pulls, often targeting NFT platforms, DEX liquidity pools, and lending protocols. Security firms like CertiK, PeckShield, and SlowMist conduct audits to prevent exploits. White-hat hackers contribute to bug bounty programs, decentralized security DAOs, and on-chain forensic tracking. As blockchain security evolves, multi-signature wallets, AI-driven anomaly detection, and real-time risk assessment help mitigate threats.
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