Visa: Token bridges were a favored target for thieves in 2022 By Cointelegraph

According to the global payment provider Visa (NYSE:), 2022 became a record-breaking year for cryptocurrency thefts, with over $3 billion stolen in on-chain exploits. Cryptocurrency bridge services were a favored target for threat actors.

Visa published the biannual threats report on March 20. The document contains data on all sorts of violations occurring globally in the digital payments system last year — from plastic card fraud schemes to malware. A separate section is dedicated to cryptocurrency and digital platforms.