47.4% Increase in DeFi Project Security Breaches in 2022, $3.64 Billion Total Damage

According to a report on January 5 atpublishAccording to Chinese blockchain security company LianAn Technology, breaches of DeFi security across the global blockchain totaled over $3.64 billion in 2022, a 47.4% increase compared to the $2.44 billion loss. in 2021

As of 2022, the money lost during the cross-chain bridge hack amounted to $1.89 billion across 12 incidents, the highest in this category. Overall, the majority of DeFi attacks occur on the Ethereum, BNB Chain, and Solana networks.

Of the 167 key events in 2022, 51.5% occurred in audited or audited projects, while 48.5% occurred in unaudited projects.

LianAn said 38.7% or $1.40 billion of stolen funds were laundered via Tornado Cash and only $289 million of funds were recovered over the year. However, the figure is likely to be higher. Because many recoveries are not yet publicly available. at the request of law enforcement agencies

“2022 has been a terrifying year for the security of the global blockchain industry. This leads to greater and more pressing security demands and expectations in 2023, including how to respond to hacker attacks, how to rapidly build a global regulatory framework, and how to Deploying technical advancements to address security threats It is an urgent problem that we must consider and solve in 2023.”

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