Crypto losses hit $670M in Q2, up 52% from year-ago period

Crypto losses hit $670M in Q2, up 52% from year-ago period

2 years ago
Anonymous $dy9SWuvIkX

https://techcrunch.com/2022/07/06/crypto-losses-hit-670m-in-q2-up-52-from-year-ago-period/

​The second quarter of 2022 was one for the books amid a tumultuous period of what I like to call market madness, and the evidence keeps stacking up for the crypto markets. Q2 was full of massive crypto “losses” across the web3 ecosystem, some 97% of which were the result of hacks, according to a new report.

Immunefi’s Crypto Losses in Q2 2022 report identified $670,698,280 worth of losses in Q2, up 52% from $440,021,559 in the same period for 2021.