1 year ago
While full year-over-year losses to hackers dropped 58%, BNB Chain saw 119 information incidents starring to losses of astir $70 million, followed by Ethereum, with 55 incidents netting hackers implicit $65 million.
More than $300 cardinal successful integer assets were mislaid to crypto hacks and exploits successful the 2nd 4th of 2023, according to on-chain information compiled successful the quarterly study by the blockchain information institution CertiK.
In the report, CertiK showed that determination were a full of 212 information incidents successful the quarter. The steadfast noted that crossed the incidents, malicious actors drained a full of $313,566,528 from Web3 protocols. Compared to the 2nd 4th of 2022, erstwhile hacks and exploits took $745 million, the information steadfast pointed retired that determination was a 58% diminution successful the magnitude lost.
Despite the little full magnitude recorded compared to 2022, the 4th saw an summation successful the worth mislaid to exit scams, which amounted to astir $70 cardinal successful the 2nd 4th of 2023. This is astir treble the losses from akin scams successful the archetypal quarter, which was astir $31 million.
Meanwhile, losses from flash loans and oracle manipulation exploits saw a drastic alteration successful the 2nd 4th compared to the archetypal 4th of 2023. In the archetypal quarter, determination were a full of 52 oracle manipulation attacks starring to losses of astir $222 million, with the infamous Euler Finance hack contributing 85% to the losses.
In the 2nd quarter, determination were a full of 54 flash indebtedness and oracle manipulation attacks, which led to losses of astir $23 million, an 89% diminution compared to the archetypal quarter.
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Apart from this, CertiK besides highlighted that retired of each the blockchains the steadfast analyzed, BNB Chain recorded the astir incidents, with 119 incidents starring to $70,711,385 successful losses. Ethereum came successful 2nd place, with 55 incidents netting hackers $65,999,953.
Meanwhile, a study from PeckShield showed that fractional of stolen nonfungible tokens (NFTs) are being sold wrong 3 hours of being stolen by malicious actors — indicating that hackers are speedy to offload their ill-gotten gains aft performing NFT theft.
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