Introduction
With the rapid rise of cryptocurrencies, Vietnam has emerged as one of the leading markets in Southeast Asia. In 2024 alone, over $4 billion was reported lost to DeFi hacks globally, underscoring the urgent need for robust security protocols. As digital assets gain popularity, understanding the standards that govern their security becomes crucial for both investors and developers.
The Growing Crypto Landscape in Vietnam
Vietnam has seen a nearly 300% growth in cryptocurrency users over the past two years, according to recent statistics. This increase can be attributed to various factors, including technological advancements and the younger generation’s interest in financial independence. In Vietnamese, this is described as: