Start now →

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

By Omkar Godbole · Published May 16, 2026 · 1 min read · Source: CoinDesk
DeFiRegulationSecurity
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 was originally published on CoinDesk and is republished here under RSS syndication for informational purposes. All rights and intellectual property remain with the original author. If you are the author and wish to have this article removed, please contact us at [email protected].

NexaPay — Accept Card Payments, Receive Crypto

No KYC · Instant Settlement · Visa, Mastercard, Apple Pay, Google Pay

Get Started →