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Web3 Security Alert: $1.83 Billion Lost in Hacks and Scams in 2023 - A Year of Caution and Concern for the Decentralised World! 💰🔒

Dec 31, 2023

Web3 Security Alert: $1.83 Billion Lost in Hacks and Scams in 2023 - A Year of Caution and Concern for the Decentralised World! 💰🔒
Web3 Security Alert: $1.83 Billion Lost in Hacks and Scams in 2023 - A Year of Caution and Concern for the Decentralised World! 💰🔒
Web3 Security Alert: $1.83 Billion Lost in Hacks and Scams in 2023 - A Year of Caution and Concern for the Decentralised World! 💰🔒

In 2023, Web3 hacks and scams resulted in losses totaling $1.83 billion, marking a decrease compared to the previous year. While the amount lost has reduced, security remains a significant concern for Web3 and DeFi (Decentralised Finance) projects, highlighting the need for enhanced measures to protect users and assets.