14/01/2026
💸 𝗔𝗿𝗲 𝗰𝗿𝘆𝗽𝘁𝗼 𝗵𝗮𝗰𝗸𝘀 𝗿𝗲𝗮𝗹𝗹𝘆 𝗮𝗯𝗼𝘂𝘁 𝘁𝗵𝗲 𝗺𝗼𝗻𝗲𝘆 𝘁𝗵𝗮𝘁 𝗴𝗲𝘁𝘀 𝘀𝘁𝗼𝗹𝗲𝗻? Cryptocurrency investment has surged enormously in popularity. For example, CoinLedger estimates that more than 560 million people worldwide now hold digital assets. This rapid growth, however, has been accompanied by a rise in hacking incidents and substantial financial losses.
Reports on crypto cyberattacks often focus on the funds that disappear immediately. But new research shows that this is only part of the story. An analysis by Complexity Science Hub researchers Stefan Kitzler and Bernhard Haslhofer, together with Masarah Paquet-Clouston, examined 22 major cyberattacks in the crypto sector between 2020 and 2022.
In 12 of these cases, the affected tokens experienced significant price crashes. While the direct losses in these cases amounted to around USD 454 million, the indirect losses due to declining token values reached USD 1.3 billion.
𝗠𝗼𝗿𝗲 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀:
📉 After an attack, affected tokens lost 14% of their value on average
📊 Trading volume increased in around 68% of the cases
🔍 Market reactions in DeFi resemble those in traditional finance, but are more pronounced
🔗 𝗗𝗶𝘃𝗲 𝗱𝗲𝗲𝗽𝗲𝗿:
https://csh.ac.at/news/crypto-hacks-price-drops-often-outweigh-direct-losses/
