Analysis of the hacks and exploits that affected the crypto ecosystem in 2022

Even though the markets have clearly been declining in the last period, 2022 was one of the worst years for the crypto world regarding as far as hacks and exploits are concerned. The industry recorded losses of about $2.8 billion, a figure not seen since as far back as 2013. 47% of these funds were stolen using various hacking and exploit methodologies. Cryptocurrency has been one of the most significant technological innovations of recent times. It has the potential to change the way the world operates by offering decentralized, secure and fast financial transactions. However, the same features that make