DeFi Sector Grapples with $187M Losses But Recovery Efforts Net Nearly $99M

DeFi Sector Grapples with $187M Losses But Recovery Efforts Net Nearly $99M

Amidst improved investor sentiment, blockchain security firm PeckShield’s report for March 2024 revealed a concerning surge in crypto hacks, with over 30 incidents causing approximately $187.29 million in losses. Despite these setbacks hindering progress in the DeFi sector, the community can find some solace in the recovery of almost $99 million during the same period. […]

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