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

Crypto CoinDesk By Omkar Godbole 16 May 2026 14:00 1 min read
Crypto users are choosing juicy yields over protection, putting billions at risk of hacks

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.

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.

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