Crypto losses in 2022 dropped 51% year on year to $4B

Immunefi’s Crypto Losses 2022 report found over $3.9 billion was “lost” last year. While that might seem like a whopping amount of capital to lose track of, it’s down 51.2% compared to 2021, when over $8 billion was stolen, the report found.
Crypto losses are defined as a combination of hacks and alleged fraud incidents, Adrian Hetman, tech lead of the triaging team at Immunefi, previously told TechCrunch. In 2022, the majority of losses, or $3.77 billion, were from hacks across 134 specific incidents. About $175 million was lost to fraud across 34 incidents in the same time frame.
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