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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…
Wire content from CoinDesk
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.
This article originally appeared on CoinDesk. Read the full article at the source: https://www.coindesk.com/business/2026/05/16/crypto-users-are-choosing-juicy-yields-over-protection-putting-billions-at-risk-of-hacks
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