In a recent report by Bitcoin.com News, experts caution that AI-driven smart contracts could lead to substantial financial losses in the decentralized finance (DeFi) sector, potentially reaching $10-20 billion annually. As the adoption of AI technology in blockchain systems grows, vulnerabilities within smart contracts may be exploited by malicious actors. The report highlights the increasing complexity of these contracts, which, while automating transactions, also opens the door to significant risks without proper oversight. Stakeholders in the DeFi ecosystem are urged to enhance security measures and adopt more rigorous auditing practices to safeguard against these potential exploits. The intersection of AI and DeFi presents both opportunities and challenges, necessitating a vigilant approach to financial security. Investors and developers are encouraged to stay informed about evolving threats and implement best practices to mitigate risks associated with AI-enhanced smart contracts.
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AI-Driven Smart Contract Vulnerabilities Could Lead to $10–20B Annual Losses in DeFi, Experts Warn – Bitcoin.com News
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