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Multiple hacks per day in crypto.
Many recent hacks involve (1) small amounts, (2) niche sectors, and (3) relatively older protocols.
Sweat, for example, launched in 2022 as a walk-to-earn app.
The exploit targeted the SWEAT token contract on NEAR. Their GitHub update history shows they weren't actively maintaining their public repositories before the hack.
Their core DeFi/growth feature was last updated 7 months ago.
I bet other hacks share similar patterns.
Just like I look for protocols to farm for airdrops that fit my criteria, hackers likely use the latest AI models to target protocols that are:
• rarely updated
• share similar vulnerabilities as previously hacked projects
• have $100k+ in their contracts
Using AI lowered the effort needed to find these targets.
This will likely last until old, unmaintained projects are milked out of their last cents or the industry improves security.