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Crypto Hackers Stole Record US$3.8 Bln in 2022, Mostly From DeFi and Cross-Chain Bridges: Chainalysis

Hackers stole at least US$3.8 billion in cryptocurrencies throughout 2022, a record-breaking year for crypto heists, blockchain forensics firm Chainalysis reported on Wednesday. 

Decentralized finance (DeFi) platforms were cybercriminals’ favorite target, accounting for more than 82% of the cryptocurrencies stolen in 2022, according to the report. Of the funds stolen from DeFi protocols last year, 64% came from cross-chain bridges, which are blockchain infrastructures that allow investors to use crypto assets from one blockchain on a different blockchain.

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