DefiLlama: Crypto hacks comprise $7.7b in losses since 2016

Crypto hacks have cost the digital asset industry billions of dollars, with experts advising additional attention and resources toward security measures. According to DefiLlama, all-time losses incurred from crypto hacks exceeded $7.7 billion as of April 1, despite a 23% decrease in incidents during the first quarter of 2024 compared to last year. Data revealed that decentralized finance...