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The lack of open communication between blockchain security firms requires urgent action.
Following a spate of high-profile hacks, the time to address the prevalence of multi-million-dollar hacks is severely overdue. Not even respected figureheads like Vitalik Buterin and Mark Cuban are immune, with over $1 million lost following a hacked Twitter account and wallet, respectively.
Without a doubt, technical capabilities matter in securing funds against bad actors. However, there is a critical component that is being overlooked in the present: teamwork. If we are to successfully neutralize the risks of financial and reputational loss to the industry, communication and collaboration…
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