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North Korea-linked hacks major cause of crypto losses in 2022

Photo: Getty Images

Hacks wiped $3.8bn wiped off crypto market in 2022.

The report by crypto research firm Chainalysis analysed different types of attack and their origins.

March and October 2022 saw the worst losses, with $732.4m and $775.7m wiped off the market.

A total of $3.8bn was lost over the course of the year. DeFi protocols accounted for 82.1% ($3.2bn) of this

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