FILE PHOTO: A representation of virtual currency Bitcoin and small toy figures are placed on computer motherboard in this illustration taken January 7, 2021. Picture is taken January 7, 2021. REUTERS/Dado Ruvic/File Photo
NEW YORK (Reuters) - Losses arising from cryptocurrency hacks jumped nearly 60% in the first seven months of the year to $1.9 billion, propelled by a surge in funds stolen from decentralized finance (DeFi) protocols, according to a blog post from blockchain analysis firm Chainalysis released on Tuesday.
In the same period last year, stolen funds from hacking amounted to $1.2 billion.
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