Report Shows Decrease in DeFi Hacks and Fraud in May
Subscribe to Alpha Reports for exclusive reports and key insights on airdrops, NFTs, and more. Immunefi's report shows that DeFi protocols experienced a decrease in losses from hacks and frauds in May, with a total of $52.4 million stolen from investors. Ethereum and BNB Chain were the most targeted blockchains, with 9 and 4 incidents respectively. The majority of losses in May were due to the $240 million exploit of Gala Games and SonneFinance being hacked for $20 million, but Gala Games managed to recover ETH worth $22 million from the exploiter.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget Spot Margin Announcement on Suspension of ELX/USDT Margin Trading Services
Enjoy perks for new grid traders and receive dual rewards totaling 150 USDT
Bitget Spot Margin Announcement on Suspension of BEAM/USDT, ZEREBRO/USDT, AVAIL/USDT, HIPPO/USDT, ORBS/USDT Margin Trading Services
Bitget Spot Margin Announcement on Suspension of MAVIA/USDT, BADGER/USDT, BAN/USDT, PONKE/USDT, FLOCK/USDT Margin Trading Services
Trending news
MoreCrypto prices
More
