Web3 projects have lost more than $2 billion to hacks and exploits in the first six months of 2022, more than in the entire year of 2021.
CertiK, a blockchain auditing, and security business released its quarterly Web3 security report for the second quarter of this year on Thursday. The research presents a bleak picture of a cryptocurrency market still beset by breaches, frauds, and phishing attempts, as well as relatively new risks like flash loan assaults.
