Title: Rampant Cryptocurrency Hacks Persist as Thieves Rake in Billions
Cryptocurrency hacks continue to plague the industry, casting a dark shadow over its security measures. Startling statistics reveal that a staggering $3.8 billion was brazenly pilfered from cryptocurrency enterprises in the year 2022 alone. A comprehensive analysis by Chainalysis elucidates that decentralized finance (DeFi) protocols bore the brunt of these audacious attacks, accounting for a whopping 82.1% of the total cryptocurrency stolen by cunning hackers, which amounted to an astounding $3.1 billion. Notably, in the preceding year, DeFi hacks constituted 73.3% of all hacking incidents, further emphasizing the alarming trend.
