$680 million was stolen from DeFi projects in 2021

$680 million was stolen from DeFi projects in 2021

Although much more money was stolen this year - $1.4 billion - hackers returned most of it back to the pools.

According to The Block Research, there have been about 70 major hacks this year. $1.4 billion was withdrawn from DeFi protocols. The hackers recovered about $760 million.

Chart embedded from The Block Crypto Data.


Most of the exploits occurred on the Ethereum (34) and Binance Smart Chain (25) blockchains. In addition, hackers hacked projects on Polygon three times and Avalanche twice. 


Last month, Cream Finance hacked for $130 million. In September, hackers stole $114 million from Compound, after which they returned half of the funds.


Subscribe to ForkNews on Telegram to stay up to date with news from the world of cryptocurrencies


According to www.theblockcrypto.com

You May Also Like

822021-09-06

SEC is investigating Uniswap

The Securities and Exchange Commission is investigating the company behind the world's largest decentralized exchange.

Regulation, DeFi
1492022-01-14

NEAR Protocol reaches ATH as it raises $150 million in funding

Near Protocol, one of the most talked about decentralized application (dApps) projects, has received $150 million in investments from major crypto companies.

DeFi

Latest articles from DeFi category