Crypto Hacks Trends - End of 2022

Decentralized Finance (DeFi) protocols had over $700 million worth of assets stolen across 11 protocols in October alone. The overall loss from various hacker attacks this year appears to be over $3 billion. Despite the bear market, digital assets remain money-making projects that attract malicious actors looking for quick gains. The biggest hack in 2022 so far happened right after Wormhole in March. The popular gaming platform Axie Infinity lost over $600 million because of a fake job description that …

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