Chainalysis claims that long-term investors prefer CEX platforms over DeFi platforms.

Specialists noted an increased interest in centralized crypto platforms due to the negative trend in the growth of the reliability of DeFi platforms.

Chainalysis, together with Bitfinex, has published an up-to-date report that informs that crypto investors are taking advantage of CEX over DeFi platforms, despite the increase in decentralized finance. They choose CEX because of the confidence in the safety of their crypto assets, since DEX can still be subject to hacker attacks.

Experts say that in recent years, the likelihood of hacker attacks, targeting CEX, has decreased. But DeFi projects, on the contrary, have become susceptible. Since 2018, the entire value of crypto assets stolen from CEX for the year has decreased by 58%, to $80 million in 2022. And in DeFi, this figure is $2.2 billion, 96% hacker attacks.

The R&D director of Chainalysis claims that the scammers are no longer as interested in CEX as they were at the very beginning of its work. This was a consequence of the fact that the platforms were able to become more reliable:

Prior to this, Chainalysis stated that 2022 is ranked first in terms of the volume of hacker attacks in the cryptosphere. In just 12 days in October, scammers stole more crypto assets than in the months before.