// Hacker Noon · 8 May 2026

The "Audited" Badge Is Lying to You

Two exploits — Kelp DAO ($292M) and Drift ($285M) — drained $760 million from DeFi in early 2026 without breaking a single smart contract. Both protocols had clean audit reports. This piece argues that audits are a point-in-time opinion, not a security guarantee, and that formal verification — which...

Hacker Noon

@hacker-noon · Adewale Opeyemi

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