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

CoinDeskMay 16, 2026 at 2:00 PM

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 is a summary. For the full story, read the original article at CoinDesk.

Original source: CoinDesk

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