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Ark Report: Crypto Hack Losses Equal 57 Cents for Every Dollar Earned Onchain
(3 hours ago) · 1 source · Summarized by CryptoBipto
According to Ark Invest's Valente, cumulative crypto hack losses amount to roughly 57 cents for every dollar earned through onchain activity. The figure highlights the scale of security losses relative to the value generated by blockchain networks over time.
WHY IT MATTERS
Think of this like a new industry where for roughly every two dollars people earn, about one dollar gets stolen by thieves.
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SOURCES
- cointelegraph.com
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Crypto SecurityHack LossesOnchain ActivityArk Invest ResearchDeFi Risks