{"id":42450,"date":"2021-05-13T18:35:30","date_gmt":"2021-05-13T15:35:30","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=42450"},"modified":"2025-08-30T23:16:58","modified_gmt":"2025-08-30T20:16:58","slug":"ciphertrace-hackers-stole-156-million-from-defi-protocols-in-2021","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/ciphertrace-hackers-stole-156-million-from-defi-protocols-in-2021\/","title":{"rendered":"CipherTrace: Hackers Stole $156 Million from DeFi Protocols in 2021"},"content":{"rendered":"<p>In 2021, losses from cryptocurrency-related crime fell, but the volume of thefts in the decentralised finance (DeFi) sector reached a record $156 million. <a href=\"https:\/\/ciphertrace.com\/cryptocurrency-crime-and-anti-money-laundering-report-may-2021\/\" target=\"_blank\" rel=\"noreferrer noopener\">is stated<\/a> in CipherTrace&#8217;s latest report.<\/p>\n<p>In the first five months of the year, cryptocurrency users lost $432 million to criminals. For comparison: criminals stole $1.9 billion in 2020, and the figure was $4.5 billion the year before.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/GegrRqWsEHnNzPzLVEVhqpF9XvEiIVT9Yvz6GV5VYJNIhyxgcPRoyBqozvB_v72eT-_NBnK-OYePpcDLKMwIvHLHOyqJVe-zFsDD5Yhc0MQSeG9iQQY4OWO1tHXgkkrZONkBbpvj\" alt=\"CipherTrace: Hackers stole $156 million from DeFi protocols in 2021\"\/><figcaption>Crypto-crime losses fall as DeFi theft volume rises. Data: CipherTrace.<\/figcaption><\/figure>\n<p>Experts link the rise in crimes in the sector to the sector&#8217;s growing popularity. According to <a href=\"https:\/\/defipulse.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">DeFi Pulse<\/a>, the value of assets locked in DeFi protocols reached $80.93 billion. In the last 30 days the figure rose by more than 30%.<\/p>\n<p>On May 12, the DeFi protocol xToken <a href=\"https:\/\/forklog.com\/en\/news\/defi-protocol-xtoken-loses-25-million-in-hack\">lost $25 million due to a hacking attack<\/a>. The attacker exploited two vulnerabilities in the project.<\/p>\n<p>An unknown <a href=\"https:\/\/forklog.com\/en\/news\/hacker-drains-30-million-in-spartan-protocol-tokens-from-defi-protocol\">drained $30 million from liquidity pools<\/a> of the Spartan Protocol project.<\/p>\n<p>In April, the project <a href=\"https:\/\/forklog.com\/en\/news\/uranium-finance-project-loses-50-million-in-ethereum-due-to-vulnerability\">Uranium Finance lost $50 million in Ethereum<\/a>. The hack occurred just one month after the platform&#8217;s launch.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In 2021, losses from cryptocurrency-related crime fell, but the volume of thefts in the decentralised finance (DeFi) sector reached a record $156 million. This is stated in CipherTrace&#8217;s latest report.<\/p>\n","protected":false},"author":1,"featured_media":42451,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1911,1154,1093],"class_list":["post-42450","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cipher-trace","tag-crimes","tag-defi"],"aioseo_notices":[],"amp_enabled":true,"views":"14","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/42450","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=42450"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/42450\/revisions"}],"predecessor-version":[{"id":42452,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/42450\/revisions\/42452"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/42451"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=42450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=42450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=42450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}