Smart contract auditing and best practices have been improving in leaps and bounds over the past several years. Additionally, newer Layer 1 blockchains have adopted newer smart contract languages like rust and move that are seen as more resilient from a security perspective than languages like solidity. This evolution has meant the portion of exploits that are tied to smart contract bugs has been shrinking. While this is a positive sign of the DeFi ecosystem maturing, hackers have moved onto other attack channels. • Key management has become an increasingly large proportion of exploits • This signals that hackers are ... (full story)