DeFi Managers: KYC Will Be Precautionary - Coinleaks
Current Date:September 18, 2024

DeFi Managers: KYC Will Be Precautionary

DeFi managers, know your customer ( KYC) measures DeFialso on the side should be implementedargued.

Working to become a blockchain center Hong Kongin World of Web3 ( WOW ) summit was held. to this event, DeFiManagers’ statements made its mark.

DeFimanagers, DeFiHe stated that the biggest problem on the part of the company is that hackers steal millions of dollars of funds. Managers, the most effective way to combat this situation, for DeFi He argued that it was the introduction of the KYC system.

KYC Attack from DeFi Managers

Hong KongAt the event held in “From Blockchain Security to Smart Compliance” A panel called In this panel, you will learn about anti-money laundering methods in DeFi and know your customer ( KYC) solutions were mentioned.

Industry leaders to tackle money laundering prevention issues DeFialso in the field KYCargued that it should be implemented.

Smart contract audit firm hackenCEO of Dyma Budorinhighlighted as the biggest problem DeFistolen from platforms “laundering money”warned of the prevalence of tools that hackers could easily use for

budorin, hackerthat ‘s can easily steal millions of dollars and “to make clean money again” He stated that he was able to launder various wallets. This, he explained, has made it difficult to trace the source of the funds.

Such situations stand out DeFienvironment, managers KYCargues that the implementation of the system can produce a solution.

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