Sentora warns of rising trend in off-chain DeFi hacks

DeFi analytics firm Sentora (formerly IntoTheBlock) noted on its official X account that while most DeFi exploits still occur on-chain, there is a clear upward trend in off-chain and hybrid hacking incidents. The firm added that even if a contract has been officially audited for security, DeFi protocols can be exposed to hacks and have their funds drained if the controlling wallet is compromised through phishing or malware.