Over $ 3.7 billion lost at 303 blockchain security attacks in 2022: Slowmist

Over $ 3.7 billion lost at 303 blockchain security attacks in 2022: Slowmist

2022 was indeed a challenging year for the crypto industry, which was characterized by considerable loss of value of important assets, liquidity problems for many companies and an unfortunate number of bankruptcy applications. The industry was also exposed to considerable safety threats, since Hacker stole billions of dollars of users and defi protocols.

a test report from the blockchain security company Slowmist entitled "Blockchain Security and Aml Analysis" gave an overview of the security status of different sectors within the crypto industry and analyzed the river stolen funds with more than 300 hacks in 2022 took place.

hacker stolen over $ 3.7 billion in 2022

According to the document, 303 blockchain-related security incidents occurred last year that led to losses of an estimated 3.7 billion US dollars (calculated at the market price at the time of the exploit).

The lost amount represents a decrease of 61 % compared to the $ 9.795 billion, which was lost in 2021, although slow manure did not take into account the loss of value due to market volatility.

The report revealed that around 255 security incidents affected various ecosystems, including Defi, Cross-Chain bridges and non-funnile tokens (NFTS). In addition, there were ten security incidents with crypto exchanges, eleven attacks on public chains, six the exploitation of wallets and 21 other species.

The Defi The ecosystem lost $ 2.075 billion to hackers, about 55 % of the total loss of the year, while cross-chain-bridges recorded $ 1,212 billion in stolen funds, about 32 % of the total amount in the course of the year.

according to the paper 56 security incidents were reported in the NFT area, which led to losses of a total of over $ 65.44 million.

"Many of these incidents were caused by phishing attacks that made up about 39 % (22 incidents), followed by RUG pulls with about 21 % (12 incidents).

bnb chain-the largest hacker victim in 2022

The report BNB Chain (formerly known as Binance Smart Chain-BSC) was the greatest victim of blockchain security incidents last year. The blockchain experienced 79 attacks that led to losses of up to $ 785 million.

Research showed that blockchain mixers gained popularity last year because they are the most popular tool for hackers to wash their illegally acquired revenues. According to the report, 1,233,129 ETH (approx. 2.83 billion US dollars) was deposited with the now sanctioned crypto mixer Tornado-Cash during 40,065 BTC in 2022.

The report also revealed that some industry projects have started to implement effective measures to combat money laundering on the blockchain in order to prevent attackers from benefiting from their crimes.

The stable coin emitters Tether and Circle blocked 376 addresses in 2022 to prevent funds in the wallets from being moved by attackers.

During the crypto theft in 2022, $ 3.7 billion, another report revealed that illegal crypto transactions reached a record high of $ 20 billion in the same period.

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