The Billion Dollar Briefing

With video games representing a rapidly growing market, currently estimated at 135 Billion dollars, it makes sense that a blockchain partner would seek to bridge the exchange of value in a clearer and fairer way.

Between October 2020 and March 2023 there have been 25 exploits of Web3 projects where the impacted projects were later able to recover some or all of the funds lost. How did they recover nearly a billion dollars?

The past year has been a painful one for many in crypto. Malicious actors drained over $3.7 billion worth of assets from Web3 protocols in 2022, representing a 189% increase over the $1.3 billion lost in 2021.