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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…

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.

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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.”

The top 10 hacks had netted criminals almost 70% of all stolen funds this year, TRM found.

Attacks against the decentralised lending app Euler Finance, Multichain bridge connecting different blockchains, and Poloniex crypto exchange netted $100 million each.

 

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