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Record amounts of crypto were stolen in DeFi hacks last quarter Record amounts of crypto were stolen in DeFi hacks last quarter

Record amounts of crypto were stolen in DeFi hacks last quarter

Over $1.26 billion worth of crypto was stolen from DeFi protocols in the first three months of 2022 โ€” and it's about to get worse.

Record amounts of crypto were stolen in DeFi hacks last quarter

Cover art/illustration via CryptoSlate

After the record-breaking DeFi summer of 2020, the crypto industry has gone parabolic when adopting decentralized technologies.

The industry has been racing to reinstate traditional financial services in the decentralized world throughout the last year, drastically expanding the DeFi market.

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