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DeFi was the most attacked ecosystem in 2022: Finance Redefined

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Did you know that DeFi projects were the most attacked in the crypto industry in 2022? This and more stories in our latest Finance Redefined.

insights — a newsletter crafted to bring you significant developments over the last week.

A new research report has highlighted that DeFi was the most vulnerable crypto ecosystem, at the receiving end of 113 exploits out of the total 167. On top of that, blockchain security experts have warned the trend could continue in 2023. The top 100 DeFi tokens entered the second week on a bullish note, with most of the tokens recording multi-week highs.It’s no secret that in 2022, Web3 and DeFi experienced a slew of significant exploits and attacks.

 

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