According to Foresight News, the cryptocurrency sector experienced losses exceeding $90 million last week. Prisma Finance suffered a loss of approximately $11.6 million due to a hacker attack, while Munchables lost around $62.8 million as a result of internal manipulation. Additionally, ZongZiFa faced a loss of about $229,000 due to a flash loan attack, and Curio ecosystem's RWA infrastructure lost approximately $16 million because of a contract logic flaw.
These incidents highlight the ongoing security challenges faced by the cryptocurrency industry. As digital assets continue to gain popularity, it is crucial for companies and investors to prioritize security measures to protect their investments and minimize potential losses.