Industry execs confident in DeFi adoption despite security flaws: Finance Redefined

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The Lodestar Finance protocol that was exploited for over $5 million on Dec. 10 had a Mango Markets connection, wherein the exploiter copied the methods used by the Mango Markets’ hacker to drain funds. From educating institutional investors to eliminating user experience barriers for retail investors, Web3 executives shared their thoughts on how broader DeFi adoption can be achieved.Users and developers are seeking out ways to stay both safe and informed after a year of volatility and uncertainty. During this shift, the hardware wallet developer Ledger announced a new integration for users to track the value of their assets.

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