SecurityMedium

ARK analyst: crypto hack losses equal 57 cents per $1 of on-chain revenue

ARK Invest's digital asset research director says the industry has lost about $26.9 billion to hacks since 2017, equal to 57 cents for every dollar of on-chain revenue.

Bitcoin (BTC/USDT)
$73,740 +16.9% · 3 mo
$62,716$75,056$87,39615 Aug29 Sep12 NovThis story
Daily candles (UTC). Source: Binance.

What we know

Lorenzo Valente of ARK Invest put cumulative crypto hack losses at roughly $26.9 billion since 2017, equivalent to 57 cents of every $1 of on-chain revenue.

What people are posting

Posts on X this story draws on. They are individual users' views and have not been verified by Global Eye 24.

@WuBlockchain

“Crypto Hack Losses Equal 57 Cents for Every $1 in On-Chain Revenue Since 2017”

View post →

By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.