According to a study conducted by analytical company Chainalysis, the total volume of illegal cryptocurrency transactions has decreased significantly in recent years, but cybercrime in the DeFi segment has increased.
Among the main reasons for the current situation in Chainalysis is the focus of hackers on stealing funds through DeFi projects, as well as using them to launder funds.
Last year, decentralized protocols were the main target of hackers.
The company experts have calculated that as of May 1, DeFi projects accounted for 97% of the total $1.68 billion in cryptocurrencies stolen in 2022.
Most of the funds stolen as a result of attacks on decentralized protocols ended up in the hands of North Korean hackers. Over 2022, they have stolen more than $840 million from similar projects.