$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 $1.4 billion was withdrawn from DeFi protocols.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

372022-01-06

The creators of the Arbix Finance platform committed an exit scam

The CertiK security audit series reported the DeFi exit scam of the Arbix Finance project.

DeFi
432022-01-03

Aave has started developing a mobile wallet

DeFi project AAVE started the new year 2022 with the announcement of the creation of its own mobile wallet. 

DeFi

Latest articles from DeFi category