Once cyberattacks are added to the mix, a total of $11.5 billion worth of crypto has been lost to bad actors last year.
TRM Labs, a leading blockchain analysis firm focused on preventing cybercrime, has released a comprehensive report on the illicit sums lost to bad actors in the crypto space in 2022.
of $20 million for the investors of the exploited projects. It’s worth noting that the smart contracts that were the main target of DeFi exploits in 2021 seem to have improved – only about 10% of cyberattacks in 2022 were protocol exploits, with the remaining 90% targeting the rest of the platforms’ infrastructure.About $7.8 billion were lost to pyramid schemes and similar Ponzi platforms in 2022.
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