Private Key Compromises Lead to $8.5 Billion in Stolen Onchain Assets Over a Decade

Private key compromises have resulted in the theft of $8.5 billion in onchain assets over the past decade, according to DefiLlama data. According to NS3.AI, David Schwed, chief operating officer at SVRN, emphasized that many cryptocurrency projects could mitigate this risk by hiring experienced security personnel and implementing more robust internal controls.