Crypto users lost $2 billion in 2023 as a result of hacker attacks

Dec 28, 2023
Due to the launching of improved security protocols, increased community awareness and a general decrease in trading activity in the market, losses in 2023 from hacker attacks decreased by about half compared to last year.
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In its annual report, De.Fi says that the decrease in losses from hacker attacks, scams and exploits coincides with a bear market in which some major tokens have fallen by up to 85%, and have regained their positions in recent months. The refund rate has improved to about 10% compared to just 2% in 2022.

The largest blockchain Ethereum suffered the biggest losses from hackers and exploits in the amount of $1.35 billion. These figures indicate the attractiveness of Ethereum for attackers due to its extensive ecosystem and well-known projects. The largest exploit was the July attack on the cross-chain Multichain platform worth $230 million.

The BNB network also attracted the attention of scammers and as a result of 213 incidents, assets worth $110.12 million were stolen, and the zkSync Era network lost $5.2 million. The Solana network also suffered losses. After the hacker attacks, the company lost $1 million.

Centralized platforms have also been affected by scams. As a result of fraudulent actions, $256 million was stolen.

Term loan attacks were the second largest method of generating cash, resulting in $275 million lost in 36 cases.