The damage from DeFi hacks decreased by 40% in 2024, while CeFi losses rose to $694 million. This is stated in a report by Hacken, a company specializing in blockchain security.

In 2024, financial losses in the decentralized finance (DeFi) sector decreased from $787 million in 2023 to $474 million due to enhanced cryptographic measures and improved security protocols. Vulnerabilities in bridges, which previously accounted for a significant portion of losses, decreased from $338 million to $114 million. However, in centralized finance (CeFi), losses sharply increased: key attacks on exchanges, including DMM ($305 million) and WazirX ($230 million), resulted in total losses of $694 million. Experts attribute the statistics to poor key management and flaws in multi-signature setups.$RSR $BTC $BNB #币安Alpha公布第6批项目代币 #BtcNewHolder