Total Damage Output refers to the overall negative impact caused by a cryptocurrency attack or exploit. This metric helps assess the severity of security breaches, including hacks, exploits, or vulnerabilities that result in financial loss.Calculating Total Damage Output involves accounting for various factors, including stolen funds, loss of user trust, and potential impacts on a token’s market value. For instance, if an exchange gets hacked and users lose significant amounts of money, the Total Damage Output would encompass the total sums stolen and any subsequent drop in user confidence.Governance and development teams often analyze this measure to understand the risks associated with their systems. By evaluating Total Damage Output, stakeholders can prioritize enhancing security measures, implement better protocols, and ultimately protect users from future incidents. Establishing a clear picture of this metric can also help in shaping community strategies to recover from such events. Therefore, it serves as an important tool for risk assessment and management in the space.

UK’s FCA to Allow Retail Investors Limited Access to Crypto ETNs
The UK’s Financial Conduct Authority (FCA) will permit retail investors to access certain crypto asset-backed exchange-traded notes (cETNs) for the