Crypto users are choosing juicy yields over protection, putting billions at risk of hacks

Crypto users are choosing juicy yields over protection, putting billions at risk of hacks

Crypto users are choosing juicy yields over protection, putting billions at risk of hacks
DeFi insurance protocols debuted with huge ambitions during the 2020 crypto boom. But as hacks evolved and users chased yields over protection, most of the sector collapsed under the same risks it was built to cover.
News Analysis
This analysis is for informational purposes only and does not constitute investment advice
The crypto sector is facing a crisis as users are choosing to invest in juicy yields over protection, putting billions at risk of hacks.