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DeFi financial losses fall to $474 million in 2024, CeFi losses double

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AI Summary

DeFi financial losses dropped significantly in 2024, while CeFi losses doubled, showing the differences in security measures and the importance of risk management.

According to ChainCatcher, blockchain security company Hacken’s annual Web3 security report shows that DeFi’s financial losses in 2024 fell sharply, from US$787 million in 2023 to US$474 million.
In contrast, CeFi’s financial losses doubled in 2024 to $694 million, twice as much as in 2023.

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DeFi financial losses fall to $474 million in 2024, CeFi losses double

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