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Report: DeFi hacks and scams result in a loss of more than $204 million in Q2

Report: DeFi hacks and scams result in a loss of more than $204 million in Q2

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According to a report by De.Fi, over $204 million was lost in DeFi hacks and scams in Q2 2023, with 117 incidents reported during the period. The top five hacks were against Atomic Wallet, Fintoch, MEV-Boost, Bitrue, and GDAC. The most common cause of losses was “access control issues,” followed by exploits and rug pulls. Although losses in Q2 were smaller than in Q1, the total amount lost in the first half of 2023 was over $665 million.