kaal:claim:4734750-003

Losses from smart contract vulnerabilities are large and growing, with 2021 losses alone estimated at 680 million dollars and cumulative global losses estimated at over 6 billion dollars.

Source quote, verbatim
In 2021 alone total financial loss from smart contract bugs was estimated at $680 million
From

Wulf A. Kaal, Code Review DAO (2024), Smart Contract Vulnerabilities Undermine Industry Growth, p. 8
https://ssrn.com/abstract=4734750 · source PDF

Cite as

Wulf A. Kaal, Code Review DAO (2024). SSRN: https://ssrn.com/abstract=4734750

Classification

empiricalsupport: evidencedsmart-contractsconsensus-and-securityempirical-evidence

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