Cryptocurrency Loses Billions Annually While Traditional Finance Observes.

Crypto's Advantages: Crypto offers faster payment processing compared to traditional finance, with projections indicating stablecoins could reach $3.7 trillion by 2030, highlighting its potential for mass adoption.

Security Challenges: The crypto industry faces significant security issues, with projected losses from hacks reaching over $4 billion annually, which could undermine its credibility and deter institutional investment.

Impact of Hacks: Hacked protocols experience severe price declines, averaging a 52% drop over six months, indicating that security breaches have long-term detrimental effects on the ecosystem.

Need for Enhanced Security: To attract institutional capital, the crypto sector must implement robust security measures, including continuous monitoring and comprehensive audits, to reduce hack rates below 1% and ensure the industry's viability.