Record amounts of crypto were stolen in DeFi hacks last quarter

2 years ago

Edge Hacks

Over $1.26 cardinal worthy of crypto was stolen from DeFi protocols successful the archetypal 3 months of 2022 — and it's astir to get worse.

3 min read

Updated: May 13, 2022 at 8:11 am

Record amounts of crypto were stolen successful  DeFi hacks past  quarter

Cover art/illustration via CryptoSlate

After the record-breaking DeFi summertime of 2020, the crypto manufacture has gone parabolic erstwhile adopting decentralized technologies.

The manufacture has been racing to reinstate accepted fiscal services successful the decentralized satellite passim the past year, drastically expanding the DeFi market.

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