DeFiLlama: Crypto Hacks Comprise $7.7B in Losses Since 2016
DeFiLlama, a decentralized finance (DeFi) data aggregator, has revealed that crypto hacks have resulted in $7.7 billion in losses since 2016. The platform provides real-time data on DeFi protocols and has been tracking the impact of hacks on the industry. According to DeFiLlama, the most significant hack in terms of dollar value occurred in 2021, with the exploitation of the Poly Network resulting in $610 million in losses. The platform also highlighted the prevalence of flash loan attacks, which have been used to exploit vulnerabilities in DeFi protocols. DeFiLlama's data underscores the importance of security in the DeFi space and the need for robust measures to protect users' funds. As the DeFi industry continues to grow, it is crucial for protocols to prioritize security and implement strategies to mitigate the risk of hacks and exploits. DeFiLlama's insights provide valuable information for users and industry participants to make informed decisions and safeguard their investments in the DeFi ecosystem.
01 квітня 2024
