De.Fi, an antivirus and app provider firm, has revealed that the Cryptocurrency market lost $452 million to hacks and scams in the first quarter (Q1) of 2023.
In a report titled; ‘Report: $452m Lost in Crypto in Q1 2023. New Trends of Hacks and Scams’, it was disclosed that March recorded the highest loss of $215 million.
The total amount lost between January to March this year is a 65.23 per cent drop when compared to the $1.3 billion reportedly lost to hacks and scams in the first quarter of 2022.
