Hacken: CeFi Hacks Doubled While DeFi Losses Reduced in 2024
Reading Time: 2 minutesThe amount lost by centralized protocols has doubled while DeFi losses dropped Losses from CeFi rose to $694 million in 2024 compared to $339 million in 2023 DeFi losses reduced by 40% compared to 2023, with most funds in both sectors stolen through access control exploits Blockchain security firm Hacken has revealed that centralized crypto projects lost more funds to hackers than their decentralized counterparts.
Reading Time: 2 minutesThe amount lost by centralized protocols has doubled while DeFi losses dropped Losses from CeFi rose to $694 million in 2024 compared to $339 million in 2023 DeFi losses reduced by 40% compared to 2023, with most funds in both sectors stolen through access control exploits Blockchain security firm Hacken has revealed that centralized crypto projects lost more funds to hackers than their decentralized counterparts. What's Your Reaction?
