Web3 and DeFi hacks on the rise, says new analysis from NaorisProtocol ~
There was a rise in the number of reported cyber security hacks on Web3 and DeFi in Q1 2023 compared to the same period in 2022 and 2021, with 19 reported hacks.
Between 1 January 2023 and 14 April 2023 there were 22 reported cyber security hacks, totalling over $265-million in losses. The biggest single hack in Q1 2023 stole $197-million from Euler Finance.
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