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Tag: Protocols

DeFi Protocols Lost Over $284 Million Since 2019, Says Messari Document

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Cryptocurrency be taught agency Messari has printed that the total amount of funds stolen from decentralized finance (DeFi) protocols since 2019 is over $284 million. DeFi Hacks and Thefts Since 2019 Complete $284 Million Tweeting on Wednesday (April 28, 2021), Mesaari famend that DeFi initiatives own misplaced about $284.9 million to hacks, bugs, and natty contract code flaws since 2019. In step with the crypto be taught company, the reported amount is 0.3 p.c of the worldwide total fee locked (TVL).  The DeFi residence began gaining momentum relieve in 2019, and continued to create headlines in 2020. Meanwhile scammers made up our minds to capitalization on the hype, defrauding unsuspecting victims in the originate of rug pulls. Also, rogue actors took profit of more than a few flaw...