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$30 billion stolen from crypto ecosystem since 2012

According to the report Posted by on July 7 Slow FogHacked since 2012 $30 Billion in Crypto in 1,101 Documented Events.

According to the blockchain security firm, the five most common attacks are: vulnerabilities of smart contracts, carpet pulls, flash credit attacks, fraud And private key leaks. The losses represent around 2.5% of the current crypto market cap.

From the total number of accidents, 118 stock market hacks took place, 217 attacks on the Ethereum ecosystem, 162 attacks on BNB Smart Chain ecosystem, 119 attacks on the EOS ecosystem And 85 attacks involving immutable tokens or NFTs. Currency losses were the largest, with more than $10 billion lost in the last decade.

Hacking incidents, causing losses in excess of $1 billion, peaked in early 2010 and between 2019 and 2021. From 2022, security incidents have eased somewhatas other reports show.

Total losses from hacking events as of July 7, 2023, according to our SlowMist Hacked archives #blockchain surprisingly it rose to $30 billion!

In the light of these dizzying numbers, it is obvious that projects and users should pay much more attention…

— SlowMist (@SlowMist_Team) July 7, 2023

In the early days of Bitcoin (bitcoin), notable attacks include: 2014 Mt. Gox trick And Bitfinex hack of 2016. Mount Gox It was the largest Bitcoin exchange in the world at the time, when it filed for bankruptcy in 2014. 850,000 BTC of your customers ($25.2 billion at the time of publication) they had been stolen through covert hacking and theft for several years.. Since then swap 200,000 BTC recovered ($6.1 billion) and redistributes to creditors.

Similarly, in 2016 bitfinex suffered a security breach that resulted in the loss of 119,576 BTC, It was worth about $70 million at the time and $3.7 billion today. On February 8, 2022, The stolen 94,000 BTC was seized by special agents of the US Department of Justice.

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