2022 bitcoin market losses: $3.9 billion

on Jan. 6 revealed that the crypto sector lost 3.9 billion dollars in 2022.

Hacks, fraud, and scams accounted for 95.6% of the losses, according to the research.

In 2022, BNB Chain overtook Ethereum as the most targeted chain.

The industry lost 1.6 billion dollars in Q4 2022, with DeFi at 57.6% and CeFi at 42.4%.

Compared to centralised finance (CeFi), decentralised finance (DeFi) lost 80.5%.

$62 million was stolen from DeFi protocols in December 2022. Although lower than recent months,

In 2023, cybersecurity experts predicted no drop in exploits, flash loans, or exit scams.