Immunefi, a bug bounty and security services platform for the Web3 ecosystem, revealed on Jan. 6 that the crypto sector will lose 3.9 billion dollars in 2022.
According to the study, hacking was shown to be the primary source of the losses.
Accounting for 95.6% of the total, with the remaining 4.4% made up of fraud, scams, and rug pulls
Centralised finance (CeFi) experienced losses of 80.5%, whilst centralised finance (CeFi) suffered losses of 19.5%
The most targeted chains were BNB and Ethereum, with BNB Chain overtaking Ethereum to become the most targeted.
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