Over the course of another year, hackers stole billions of dollars in cryptocurrencies. However, the cryptocurrency security firm says it is on the decline for the first time since 2020.
According to Web3 security firm De.FI, hackers have stolen about $2 billion worth of cryptocurrencies in dozens of cyberattacks and thefts this year. Rekt leaderboard. The site ranks the worst crypto hacks of all time, from the 2022 Ronin network breach, in which hackers stole more than $600 million in crypto, to this year’s big-money hack of Mixin Network. It is attached. The hacker made about $200 million.
“This amount, while spread across a variety of incidents, highlights the persistent vulnerabilities and challenges within the DeFi ecosystem,” De.Fi said in the report, which the company reported on TechCrunch shared. “2023 was a year that demonstrated both the ongoing vulnerabilities and the progress made in addressing them, even though the first half of the year saw a relative lack of interest in the sector due to the bear market. .”
In early December, blockchain intelligence company TRM Labs also announced Announcing estimated value of stolen virtual currency By hackers this year. According to the company, the total amount as of mid-December was approximately $1.7 billion.
Other worst cryptocurrency thefts this year include the hack into Euler Finance, where hackers stole nearly $200 million. Also included were major hacks of Multichain ($126 million), BonqDAO ($120 million), Poloniex ($114 million), Atomic Wallet ($100 million), and more.
Last year, a blockchain monitoring company Chainalysis reported that cybercriminals stole an all-time record of approximately $3.8 billion In code. $1.7 billion of that was stolen by North Korean government hackers known as the Lazarus Group, one of the most prolific crypto theft groups, as part of efforts to fund the regime’s sanctioned nuclear weapons program. .
“It is no exaggeration to say that crypto hacking represents a significant portion of this country’s economy,” Chainalysis said in a report last year.
The previous year, in 2021, hackers stole $3.3 billion. According to Chainalysis,
It is impossible to predict what will happen in 2024. However, given the insufficient security implemented by many cryptocurrencies and Web3 projects and the enormous monetary value they hold, Discussed at TechCrunch Disrupt earlier this yearit is expected that hackers will continue to target growing industries.
Source: techcrunch.com
