DeFi traders “stealed” $228 million by hackers in 3 months

[wantraung8ah]

Hackers have been increasing their attacks on crypto projects, particularly in the DeFi space, according to a report by Immunefi. The report shows a 63% increase in blockchain hacks in Q2 2023 compared to the same period last year. While total losses have decreased by 60% year-over-year, the number of hacks has increased by 65%, and damage from fraud has spiked by 225%. DeFi platforms have been the primary target, with $228 million in losses resulting from 79 incidents in Q2.

https://twitter.com/i/web/status/1677922975100833792

Centralized platforms, on the other hand, lost $37 million in just two crashes. The report highlights notable attacks on Atomic Wallet, where $100 million was allegedly stolen by hackers linked to North Korea's Lazarus Group, and the exit scam of the defunct Fintoch platform, which vanished with nearly $32 million in user funds. Immunefi also notes that certain chains, such as BNB Chain and Ethereum, have been targeted more frequently, accounting for 77% of all losses in the past quarter.

 

[dangvasand87]

Constantly being hacked but people still invest so much, proving that the cryptocurrency market has tremendous appeal

 

[lamtikhong91]

It's all about hacking from new platforms, feel free. Investors should worry less

 

[anhxin1874]

The North Koreans are only good at stealing, aren't they? It's frustrating that they can't accomplish anything significant.

 

[anhthanh8qun8a]

Hackers have been increasing their attacks on crypto projects, particularly in the DeFi space, according to a report by Immunefi. The report shows a 63% increase in blockchain hacks in Q2 2023 compared to the same period last year. While total losses have decreased by 60% year-over-year, the number of hacks has increased by 65%, and damage from fraud has spiked by 225%. DeFi platforms have been the primary target, with $228 million in losses resulting from 79 incidents in Q2.

https://twitter.com/i/web/status/1677922975100833792

Centralized platforms, on the other hand, lost $37 million in just two crashes. The report highlights notable attacks on Atomic Wallet, where $100 million was allegedly stolen by hackers linked to North Korea's Lazarus Group, and the exit scam of the defunct Fintoch platform, which vanished with nearly $32 million in user funds. Immunefi also notes that certain chains, such as BNB Chain and Ethereum, have been targeted more frequently, accounting for 77% of all losses in the past quarter.

I've heard a few big cases where North Korea is involved in every case

 

[luongknhe192]

I'm going to take a course to become a hacker, does anyone know where I can teach to be a hacker?

 

[wantraung8ah]

Constantly being hacked but people still invest so much, proving that the cryptocurrency market has tremendous appeal

We will fight to the last breath, these hacks do not discourage investors.

 

[wantraung8ah]

It's all about hacking from new platforms, feel free. Investors should worry less

Yes, new platforms will have many vulnerabilities for hackers to exploit and steal. Long-standing projects no longer have such hacks

 

[wantraung8ah]

The North Koreans are only good at stealing, aren't they? It's frustrating that they can't accomplish anything significant.

Really, this is just the information of the big newspapers, the truth about the wallet addresses, we can't know whose it is.

 

[wantraung8ah]

I've heard a few big cases where North Korea is involved in every case

I've heard that too, but maybe it's not entirely true

 

[wantraung8ah]

I'm going to take a course to become a hacker, does anyone know where I can teach to be a hacker?

Uncle found out where to teach, if found, you and I would go together.

 

[ImamShaheb]

Constantly being hacked but people still invest so much, proving that the cryptocurrency market has tremendous appeal

Yeah because, people believe that, the tech/blockchain related things including crypto is at very early stage & end of the day it has been said that, first mover is the fast mover! Tho it's a little bit difficult to keep the capital safe at crypto, at least for newbies!