De.Fi’s Rekt Database reports that July saw $389.82 million in DeFi losses related to hacks and exploits, pushing the cumulative total value of all of to cross the threshold of $77 billion.

Ethereum emerged as the most targeted, losing $350 million across 36 incidents. Multichain, however, suffered the most severe single-case loss of $231 million due to an access control exploit, according to the De.Fi analysis.

Criminals’ diverse arsenal of exploits across DeFi.

Access control issues led to three significant cases resulting in a staggering loss of $287 million. Rugpulls, even though the most common with 38 reported cases, resulted in significantly lower losses totaling $36 million. Reentrancy attacks, although less frequent with six cases, still led to substantial losses of $58 …