Another week, another sorry tale of blockchain hacks
Multiple incidents of exploits were discovered in the last week, resulting in loss of cryptos worth more than $208 million.
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Another week, another sorry tale of blockchain hacks
Multiple incidents of exploits were discovered in the last week, resulting in loss of cryptos worth more than $208 million.
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July has already witnessed crypto hacks worth upto $14 million
We have seen two major crypto exploits worth $10-$15 million in July so far even as the month has barely begun.
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Scams cost crypto investors millions in April 2023: Report
The $74 million lost to crypto exploits accounted for more than half of the total $145 million lost since the beginning of 2023. The funds lost to flash loan attacks reduced by a whopping 90% as compared to March.
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Algorand wallet provider asks users to withdraw funds following exploit
A wallet provider for Algorand has warned its users to withdraw funds from their mnemonic wallets. The warning comes a week after an exploit drained $9.2 million from high-profile MyAlgo wallets. MyAlgo, a wallet provider for the Algorand Network, has warned its users to withdraw their funds amid an exploit that saw nearly $9.2 million […]
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Crypto exploits, diverse hacks, and billions of dollars stolen in 2022: Report
In 2022, cyber criminals stole over $2.8 billion in cryptocurrency. The largest hacking incident of 2023 was February 2023’s Oracle attack. As per a 13 February report by CoinGecko, in tandem with DeFiYield’s REKT database, exploiters used an array of methods to steal nearly half of the total cryptocurrency stolen in 2022. This included circumventing […]
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Breaking down stats as crypto witnesses 93% YoY decline on exploits
According to research, cryptocurrency hacks caused $8.8 million in damages in January. When compared to the $121.4 million in exploitable losses in January 2022, January’s data indicated a 92.7% drop. In addition to the bullish cryptocurrency market rebound in January 2023, there have been other encouraging industry reports. This included a decrease in exploit-related losses […]
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$62M crypto stolen in Dec was the ‘lowest monthly figure’ in 2022: CertiK
$62M crypto stolen in Dec was the ‘lowest monthly figure’ in 2022: CertiK
December proved to be the month with the least crypto stolen in 2022, although there were still 23 major incidents, according to CertiK.
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Barely halfway and October’s the ‘biggest month’ in crypto hacks: Chainalysis
Barely halfway and October’s the ‘biggest month’ in crypto hacks: Chainalysis
While 2021 was the biggest year on record for crypto hacks, 2022 could “likely” beat the record “at this rate” according to Chainalysis.
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