Crypto investors lost nearly $4 billion to hackers in 2022 (via CNBCMakeIt)
Cryptocurrency hackers stole $3.8 billion in 2022, according to the blockchain analytics firm's report — up from. October had the most crypto hacks in a single month with $775.7 million stolen in 32 separate attacks, according to the study.
DeFi protocols contain a series of codes that determine how virtual currency can be used on a blockchain network. Take smart contracts, for example. These digital contracts are the key underlying technologies that allow crypto transactions to be made. Smart contracts operate according to "if/then" commands; if X, then execute Y.
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