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Crypto Lending Market Grows 55% Since July, Bringing Cross-Protocol and AI Hacking Risks Into Focus

Crypto Lending Market Grows 55% Since July, Bringing Cross-Protocol and AI Hacking Risks Into Focus

  • Cointelegraph reported that the cryptocurrency lending market has grown 55% since July.
  • It said concerns have emerged that the interconnected structure of multiple protocols could allow a single security incident to spread to other services.
  • It also reported that as hacking attacks using AI emerge as a new risk factor, crypto projects are adopting new response strategies.

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Photo: Shutterstock
Photo: Shutterstock

The cryptocurrency lending market has grown 55% since July, raising security concerns tied to interconnected protocols and hacking attacks that use artificial intelligence.

Cointelegraph reported on Oct. 8 that the crypto lending market has expanded 55% since July. At the same…

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