Web3๐ธ๏ธ & DeFi๐ธ projects faced a rough H1 2023, losing nearly $479.4M๐ฐ across 400 major hacks! DeFi contributed a whopping $419M in losses during 386 incidents. Ethereum was the most targeted chain, with losses close to $300M๐. PeckShield's report shows logic bugs, oracle manipulation, & privilege exposure were the top attack vectors๐งฒ.
Despite these setbacks, total value locked in DeFi grew to $44.64B๐ since the beginning of 2023. Onward & upward! ๐๐น๐ #DeFi #web3 #Ethereum #security