Bumper Year: Crypto Hackers Step Up With Record $3 Billion Theft This Year
Crypto hackers surpassed the level of performance they did last year that enabled them to get away with $2.1 billion worth of cryptocurrencies, setting their own “all-time high” this 2022. With still over two months left before the year ends, these cybercriminals have already carted off with $3 billion worth of cryptocurrencies, CBS News reported […]
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Analysts state that blockchain hacks should remain on the decline. The amount of cryptocurrency and blockchain-related hacks has been decreasing over the course of 2020, a new report claims.According to data analyzed by VPN provider Atlas VPN, the number of hacks in the first half of 2020 dropped more than three times compared to the same period in 2019. The data is part of a report released by Atlas VPN on Oct. 28.According to Atlas VPN, 2019 was a record-breaking year for blockchain hackers that exploited 94 successful attacks in the first half of the year, while in H1 2020 there were....
Hackers are enjoying brisk “sales” this year and the targets seem to be getting aplenty. According to a research, the web3 ecosystem suffered a “loss” of around $1.23 billion in the first quarter of 2022, Adrian Hetman, a tech lead at crypto security firm Immunefi, said. This figure accounts for any funds lost as a […]
Despite the drop in bitcoin prices at the beginning of the year, thieves did not take a break. Hackers and scammers made millions of dollars from attacks on numerous crypto projects and ecosystems. According to the Atlas VPN team’s new research, blockchain hackers stole approximately $1.3 billion in 78 hack events in the first quarter […]
While 2021 was the biggest year on record for crypto hacks, 2022 could “likely” beat the record “at this rate” according to Chainalysis. Blockchain analytics firm Chainalysis has labeled October 2022 as “the biggest month in the biggest year ever for hacking activity” with the total hacked value for the month nearly reaching $718 million.Despite not being more than halfway through the month, Chainalysis said 11 different hacks on decentralized finance (DeFi) protocols had seen hundreds of millions exploited.Four exploits alone took place on Oct. 11 worth around $122 million. Hackers....
It was the Bitcoin theft which rocked the whole of cryptocurrency in 2014 - a massive haul of 650,000 coins taken from Japanese exchange Mt. Gox, the largest bitcoin exchange in the world at that time. It has been blamed by many as being a major factor behind the declining value of a bitcoin over the last year, and is often cited as an example of why using Bitcoin is a risky business. The cause of the loss has been the subject of much speculation, but as we move into the new year of 2015, Tokyo police investigating the loss have told The Japan News that the vast majority of the missing....