CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
Ethereum World News 2023-07-17 16:16:28

DeFi Users Lost $419 Million To 386 Exploits In 2023 H1: Report

Projects in the web3 and decentralized finance spaces lost nearly half a billion dollars to hacks and exploits in the first half of 2023. DeFi accounted for a bulk of the incidents with over 386 exploit cases and $419 million in cryptocurrencies stolen from projects like Euler Finance. A report from blockchain security firm PeckShield said the three most popular attack vectors were logic bugs, oracle manipulation, and privilege exposure. Ethereum was also the most targeted chain with almost $300

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.