According to blockchain security firm Certik, cryptocurrencies Incidents related to exit fraud, hacks, and code exploits in December 2022 were the lowest monthly figures for the year. Certik said the combined incidents amounted to $62.2 million “lost to exploits, hacks and fraud.”
December 2022 record-low cyberattacks cost $62.2 million
December 31, 2022,Certik tweeted. The last month of the year had the lowest number of exploits, hacks and scams. All incidents add up to about $62.2 million, which Certik notes is the “lowest monthly amount” for the year.
Certik detailed that exit fraud accounted for $15.5 million and flash loan attacks worth $7.6 million. The largest flash loan attack was due to the Lodestar exploit and the largest exit scam was Defrost Finance.
A day later, on January 1, 2023, Certik saidthat the previous month’s exploits, hacks and frauds were attributed to “23 major attacks.” The largest incidents that occurred were the Helio protocol and stablecoin attacks.
Despite 23 occurrences that lost $62.2 million, the previous month, November 2022, Certik It was explained that there was a “strong attack”. That equates to a loss of $595 million. The biggest incident of November 2022 was the FTX hack, which happened the same day the company filed for Chapter 11 bankruptcy protection.
FTX hack stole $477 million, his second largest incident in November 2022 he lost $28 million in Deribit It was. 2022 will see a record number of hacks, and the slowdown in December 2022 was a welcome relief to many.
Statistics show that, other than the FTX hack in November 2022, the biggest hack involved exploiting Binance Smart Chain’s Token Hub.lost $569 million,Ronin bridge breach$540 million lost,Wormhole exploitsstole $326 million.
On December 15, 2022, Elliptic notedthat approximately $2.7 billion was siphoned from decentralized finance (DeFi) protocols. Blockchain security firm Peckshield estimates that in 2021 he will have $1.55 billion stolen from defi protocols.
Image CreditsShutterstock, Pixabay, Wiki Commons, Editorial Photo Credits: Certik
