Connect with us

    Hi, what are you looking for?

    Tech

    Hackers Stole $2Bn in Cryptocurrencies in 2023 – Report

    A report by De.FI, the security firm that runs the REKT database, has revealed that hackers stole approximately $2 billion in cryptocurrencies through multiple cyberattacks and thefts in 2023.

    The amount stolen in 2023 is a decline compared to the $3.8 billion stolen in 2022.

    According to De.FI, the 2023 data is a testament to vulnerabilities and efforts being made to address them.

    The report listed top crypto heists recorded this year including the hack against Euler Finance, in which hackers stole almost $200 million; as well as major hacks against Multichain ($126 million), BonqDAO ($120 million), Poloniex ($114 million), and Atomic Wallet ($100 million), among hundreds of others.

    According to the report: “This amount, though dispersed across various incidents, underscores the persistent vulnerabilities and challenges within the DeFi ecosystem.

    “2023 stood as a testament to both the ongoing vulnerabilities and the strides made in addressing them, even as interest in the space was relatively muted by the ongoing bear market in the first half of the year.”

    Spread the love
    Click to comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    ad

    You May Also Like

    Metro

    Economic and Financial Crimes Commission has recovered over N5bn and $10m from contractors and government officials indicted in the fraud in the turnaround maintenance...

    Sports

    Chelsea players will donate part of their Club World Cup bonuses to the family of the late Diogo Jota, who died last month aged...

    News

    Federal Government has reacted to the viral video showing a cleric flogging a group of m!nors in Port Harcourt, Rivers State. In a press...

    Business

    Eastman Kodak, once the undisputed king of photography, is staring down a financial lens that could spell the end of its storied existence. In...