DeFi attacks are on the rise — Will the industry be able to stem the tide? Over a billion dollars has been lost to hackers by the Decentralized Finance (DeFi) sector in just a few months. The situation appears to be spiraling outof control.
According to recent statistics, there are approximately $1.6 trillion in DeFi platform was used to store stolen cryptocurrenciesThe first quarter of 2022. Over 90% of the pilfered crypto comes from DeFi protocols hacked.
