The crypto sphere lost $3.78 billion to 303 blockchain-related security incidents in 2022, which is 61% less than the $9.80 billion recorded in 2021, according to a report by SlowMist.
Comparison of blockchain losses over the past three years
Even though the number of hacking incidents has been growing steadily since 2020, the total amount lost to these attacks was the smallest in 2022. The year 2020 experienced 123 hacking incidents that cost $4.31 billion, which is 13.9% more than 2022’s $3.78 billion.
303 Hacks
The numbers revealed that most of these hacking incidents were experienced by DeFi, cross-chain bridges, and NFT ecosystems.
Breakdown of 2022 hacks”
Throughout the year, 225 hacking events hit the DeFi, cross-chain bridges, and NFT ecosystems, which compensates for over %84 of all hacks. Crypto wallets came second in line with a total of 11 hacking attacks, while exchanges were placed third with ten hacking incidents.
Bridges, DeFi, and NFTs
The report also took a detail
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