Dyma Budorin thinks the crypto industry would be much safer if smart contract auditors took responsibility for the code they audited.
Smart contract auditing firm Hacken CEO Dyma Budorin thinks Web3 cybersecurity providers are failing the crypto industry and that “huge blind spots” in market practices are impacting investor behavior.Budorin believes a lack of accountability and transparency in the audits many providers perform falls short of reassuring users and projects.Currently, smart contract auditors take no accountability if a token they have audited gets hacked due to a bug in the code. Unsettlingly, most of the largest hack events in 2022 occurred on projects that were audited by third parties. In a call with Cointelegraph on Apr. 27, Budorin said this makes him uneasy as it compromises the growth trajectory of the Web3 cybersecurity industry which is already lagging far behind non-crypto equivalents according to
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