Defi Hacks Remain a Major Threat Despite 50% Decline in 2023: Halborn

Defi Hacks Remain a Major Threat Despite 50% Decline in 2023: Halborn

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Source: Coindesk.com

Total amount stolen in 2023 dropped by 50% compared to the previous year. Off-chain hacks including private key theft are on the rise, accounting for 57.5% of the amount stolen in 2023. Halborn warns that 21% of hacked protocols used multi-sig wallets and that the majority of hacks occurred on protocols that were not audited.

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The post "Defi Hacks Remain a Major Threat Despite 50% Decline in 2023: Halborn" appeared first here Coindesk.com.

Source: Coindesk.com

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