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Report: Web3 platform lost nearly $23.4 million in August alone

According to a recent report by Immunefi, Web3 platforms suffered losses of over $1.2 billion between January and August 2023. In August alone, Web3 platforms lost nearly $23.4 million. Interestingly, the surge in losses in August was mainly due to projects hosted on the newly launched Ethereum Layer2 Base network.

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