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Ethereum World News 2023-07-17 16:16:28

DeFi Users Lost $419 Million To 386 Exploits In 2023 H1: Report

Projects in the web3 and decentralized finance spaces lost nearly half a billion dollars to hacks and exploits in the first half of 2023. DeFi accounted for a bulk of the incidents with over 386 exploit cases and $419 million in cryptocurrencies stolen from projects like Euler Finance. A report from blockchain security firm PeckShield said the three most popular attack vectors were logic bugs, oracle manipulation, and privilege exposure. Ethereum was also the most targeted chain with almost $300

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