More than $1.6 billion exploited from DeFi so far in 2022
Cointelegraph
Published May 02, 2022 09:44PM ET
Updated May 02, 2022 11:20PM ET
The decentralized finance (DeFi) space has been rife with hacks, exploits, and scams so far this year with over $1.6 billion in crypto stolen from users, surpassing the total amount stolen in 2020 and 2021 combined.
Analysis from blockchain security firm CertiK revealed the statistics on May 2 showing the month of March having the most value stolen at $719.2 million, over $200 million more than what was stolen in all of 2020. The March figure is largely due to the Ronin Bridge exploit where attackers made off with over $600 million worth of crypto.
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Written By: Cointelegraph
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