Private key compromises in DeFi hacks expose funds to theft, emphasizing secure storage measures..Smart contract vulnerabilities allow attackers to exploit loopholes, highlighting the need for rigorous audits..Phishing scams deceive users, making security awareness and education essential in DeFi platforms..Flash loan attacks manipulate liquidity, causing major losses, requiring advanced protective measures..Multi-signature wallets enhance security, but poor management risks unauthorized access and financial damage..Read More Stories.Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp