Breaking: Crypto hacks led to $9.8 billion in losses in 2021

2021 has definitely been the year of mainstream crypto adoption as institutions finally realized that it is not a fad and going to become the alternate financial market. However, with the surge in interest and adoption, the number of security breaches and hacks also reached new highs. According to the latest report from Slowmist, crypto hackers managed to get their hands on a whopping $9.8 billion dollars stolen in various breaches and ransomware attacks.