$ACT AND $SYN SHAKEN AS DEFI HACKS HIT $942M THIS YEAR 🔥
Defi platforms lost nearly a billion dollars to hacks so far in 2024. Total value locked has collapsed from $115B in January to just $70B — a 40% drop that isn't getting enough attention from the crowd.
Smart money is watching how sentiment plays out here. If protocols respond with tighter security, this could be the reset the sector needed. If trust keeps eroding, we might see another leg down first.
Are you treating this as a discount or a warning?
Not financial advice. Always manage your risk.
#ACT #SYN #DeFi #Hacks #Crypto
🔥
Defi platforms lost nearly a billion dollars to hacks so far in 2024. Total value locked has collapsed from $115B in January to just $70B — a 40% drop that isn't getting enough attention from the crowd.
Smart money is watching how sentiment plays out here. If protocols respond with tighter security, this could be the reset the sector needed. If trust keeps eroding, we might see another leg down first.
Are you treating this as a discount or a warning?
Not financial advice. Always manage your risk.
#ACT #SYN #DeFi #Hacks #Crypto
🔥