DeFi Exploit Losses Reach a Two-Year Low in 2023

In the fiscal year of 2023, the decentralized finance (DeFi) sector witnessed a total of approximately $1 billion in losses attributed to exploits. Concurrently, the overall DeFi Total Value Locked (TVL) experienced significant growth, surpassing the $51 billion mark.

Defi Exploit Losses Reach A Two Year Low In 2023_65d5cc19029dc.webp

5.0/5

(100 votes)

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest

Zachxbt Reports Compound Finance Website Attack

Altcoin | Defi | Editor Choice | News

ZachXBT Reports Compound Finance Website Attack

Cryptocurrency investigator ZachXBT reports that the Compound Finance website appears to have been compromised by hackers.

Cryptocurrency Hacks Halve Compared To May

Defi | Editor Choice | Policy & Regulations

Cryptocurrency Hacks Halve Compared to May

In June 2024, the amount stolen by hackers halved compared to May 2024, totaling approximately $176 million in losses.

Azcnews Breaking Binance Labs Makes Major Investment In Dex To Boost Defi

News | Defi | Editor Choice

Binance Labs Makes Major Investment in DEX to Boost DeFi

Binance Labs leads the second funding round for Rango Exchange. The CEO of Binance Labs views Rango Exchange as a pioneering force in the DeFi space.

What Is Defi

Newbies | Defi | Editor Choice | Research

What is DeFi? Explore Decentralized Finance 2024

DeFi is a significant niche in the cryptocurrency market, accounting for over half of all projects. So, what is DeFi? What are the benefits and limitations of DeFi? Let's find out!

Defi Whales Forget

News | Altcoin | Defi | Editor Choice

DeFi Whales Forget Millions in Northbound Bridge Contracts

A wallet on the Optimism bridge contract holds $1.05 million, originating from a previous ETH transfer by Vitalik Buterin.