DeFi Protocols Hacked for $169M in Q1, Step Finance Suffers $40M Breach
DeFi Protocols Hacked for $169M in Q1, Step Finance Suffers $40M Breach
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A recent DefiLlama report indicates that $169 million was stolen from 34 DeFi protocols in the first quarter, with the largest single incident being a $40 million private key compromise targeting the portfolio management platform, Step Finance, in January.
January saw the largest attack against a DeFi protocol of the quarter, the $40 million private key compromise of portfolio management platform Step Finance.