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Home » BNB Chain attacks continue to rise but losses dropped to $161m last year – DLNews

BNB Chain attacks continue to rise but losses dropped to $161m last year – DLNews

BNB Chain attacks continue to rise but losses dropped to $161m last year – DLNews

What you’ll learnThe amount of money investors on BNB Chain lost last year dropped by 85% compared to 2022.AvengerDAO is claiming responsibility for the marked year-over-year drop in lost funds.The number of attacks continues to rise in the face of the DAO’s efforts to protect its community.AvengerDAO has been working hard at keeping crypto users safe.Now, that hard work appears to have paid off, the group claims in a new report.BNB Chain’s community-led security team says it’s reduced DeFi losses on the $3.5 billion blockchain in 2023 by a whopping 85% compared to the year before.“[We] focused on protocols with the… 

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