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Source: CoinWorld
Between 2023 and 2025, DeFi supply chain hacking exposed systemic vulnerabilities, causing more than $2.2 billion in losses in 2024 alone. Major events include a $50 million Kirin ransomware attack, a $13.5 million Venus protocol phishing attack, and npm registry malware that affects 2 billion downloads per week. Regulatory reforms such as the EU MiCA now require stricter audits, while investors are increasingly favoring projects with formal verification and transparent governance. Although some losses have rebounded, only 0.9% of the losses have been insured, highlighting the urgent need for DeFi investment to strengthen cybersecurity.
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