Exploit

In the context of cryptocurrency, an 'exploit' refers to a security vulnerability in software or smart contracts that can be leveraged by malicious actors to gain unauthorized access, manipulate data, or siphon off funds. These exploits can occur due to flaws in blockchain protocols, coding errors in decentralized applications (dApps), or weaknesses in wallet security. The consequences of an exploit can be severe, leading to significant financial losses for users and a loss of confidence in the affected cryptocurrency system or platform.