$3.9 billion lost in the cryptocurrency market in 2022: Report

According to the, hacks were found to be the main cause of the losses, accounting for 95.6% of the total, with fraud, scams, and rug pulls comprising the remaining 4.4%. Immunefi also found that decentralized finance was the most targeted sector, suffering 80.5% in losses, compared to centralized finance which suffered a loss of 19.5%. According to the report:

“DeFi has suffered $3,180,023,103 in total losses in 2022, across 155 incidents. This number represents a 56.2% increase compared to 2021, when DeFi lost $2,036,015,896, in 107 incidents.” BNB and Ethereum were the most targeted chains, with BNB Chain surpassing Ethereum to become the most targeted in 2022. In Q4 of 2022, the industry suffered losses of approximately 1.6 billion dollars, with DeFi being the main target at 57.6% and CeFi at 42.4%.“By proactively identifying and addressing vulnerabilities, we can protect the community from harm and build trust in the field. As we make the industry safer, everything else can flourish.

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Report: Democrat, GOP Lawmakers Beat Terrible Stock Market in 2022Both Democrat and Republican lawmakers on average beat the stock market again in 2022, according to Unusual Whales’ annual report. They've been manipulating and using insider information for decades. They've robbed us blind and eventually enough people will recognize what's going on. Easy to do when they all trade on inside information. 🤔
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