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Topic: $1.6 billion stolen in cryptocurrency 2022 first quarter 165% higher - page 2. (Read 260 times)

legendary
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Leading Crypto Sports Betting & Casino Platform
There is a thread created about this in altcoin discussion board by zasad@, you can find it interesting.

DeFi hacks [history]

Crypto scam of 2020 and 2021, you can read the Chainanalysis report about it, DeFi leads in scam.

https://blog.chainalysis.com/reports/2022-crypto-crime-report-preview-cryptocurrency-money-laundering/

2022 will also make an history of how scammers are preferring DeFi as they see it as a safe means to scam.

I have been reading about DAO too, I do not know the difference between DeFi and DAO, maybe they are the same of different, both are the scam means of 2022.
member
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Merit: 13
Hacking like this will continue as the general growth of the cryptocurrency space keep increasing and this is one of the disadvantages of centralized projects there are easy to get manipulated so many DEFI scam lately and this percentage is huge compared to previous years.
hero member
Activity: 1008
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Leading Crypto Sports Betting & Casino Platform
This sound wired to hear but that is just the fact from the news coming from the crypto currency industry the rate of projects and individual getting dished by the bad guys either through scam or hacked into the cryptocurrency market most especially in the defi market which witnesses the highest funds stolen, over 1.6 billion dollars worth assets have been stolen a record that is said to be higher than that of 2020&2021 put together.
We have to be warned about the kind of project we invest in especially newbies who are just getting to know cryptocurrency.
https://cointelegraph.com/news/more-than-1-6-billion-exploited-from-defi-so-far-in-2022
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