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Crypto Theft Plummets by 48% in March — Are Crypto Assets Getting Safer?
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March saw a major decrease in crypto theft incidents, with malicious actors stealing approximately $79 million from decentralized finance (DeFi) projects, according to data from blockchain security firm CertiK.
The figure represents an incredible 48% drop compared to the $160 million stolen in February.
CertiK’s breakdown of the incidents revealed that targeted exploits on protocols led to the highest losses, amounting to $52.1 million. Flash loan attacks and phishing scams followed closely, resulting in combined losses of around $43 million. Exit scams accounted for an additional $5.7 million in losses.
#CertiKStatsAlert
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