Cyvers CEO: More than 70% of the funds stolen in crypto-related attack incidents come from CeFi entities.

According to Odaily, Deddy Lavid, the co-founder and CEO of the Web3 security company Cyvers, stated that the losses caused by cryptocurrency hacking attacks account for about 70% of the total losses in terms of fund losses and the number of vulnerabilities in the CeFi entity. "CeFi accounts for about 70% of the total loss. That said, attacks on smart contract-based projects are on the rise. Nowadays, the biggest security vulnerabilities stem from code and individual negligence."

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