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DVP Hits All Time High (ATH) as the crowd-testing solution garners attention from global investors

Published by Aeon Flux on February 13, 2021
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This paid story is brought to you by DVPThe innovative DeFi security solution launched by DVP abridging the gap between the white hat community and blockchain vendors has been a massive success.As more investors turn to decentralized currencies in a view to diversify their portfolio as well as to leverage from its massive growth in recent times, many are grappling with the other side of the dream investment. The crowd-testing platform launched by DVP (decentralized vulnerability platform) turned heads in the industry owing to its innovative approach keeping up with the spirit of the industry. The platform introduced the concept of “vulnerability discovery is mining”, white hats who made contribution would get a certain reward. On 10 Feb 2020, the price of DVP hit the all time mark at $0.18(+78%), with a healthy trading volume of over $23 million. This recent price hike points to the widespread acceptance of the venture by the market. DeFi ventures frustrated with the increasing number of errors and scams that have the potential to rip their project from the root are finding a haven in DVP. The ecosystem which brings together the white hat community to conduct multidimensional audits of smart contracts and protocols for bugs and scams has proven to be a smart and efficient DeFi security solution in a short space of time.DeFi has a strong need for securitybZx, (the eighth-largest decentralized finance project according to DeFi Pulse) underwent two attacks in Feb 2020 throwing light on the underlying loopholes in DeFi security. The first one amounted to $3,50,000 worth of Ether soon followed by another netting $633,000. In the last week of June, Balancer Protocol lost $449,740 owing to another flash loan attack. Coingeek reports that in 2020 alone, the DeFi industry lost $154 million to 17 major DeFi exploits and…

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