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CipherTrace Report: DeFi Protocol Hacks Contributed Majorly to 2020’s Crypto Thefts

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generic defi illoThe DeFi summer of 2020 witnessed ‘rug-pulls’ left, right, and center. DeFi Landscape Saw Major Crypto Thefts Blockchain technology and cryptocurrency analysis firm CipherTrace recently released the 2020 Cryptocurrency Crime and Anti-Money Laundering Report. The report posits that while 2019 and 2020 both saw a similar number of thefts, hacks, and frauds, the average value

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