The cryptocurrency space lost nearly $2.98 billion. DeFi Nearly double the $1.55 billion lost in 2021, according to recent reports. report By blockchain security company PeckShield.
#PeckShieldAlert Up to 44 exploits (53 protocols affected) earned about $760.2 million in October 2022, with about $100 million already returned to exploited protocols (total loss: 65720 million dollars)
As of October 2022, stolen funds in 2022 (~$3 billion) have “doubled” last year’s losses pic.twitter.com/mKZAjVk7UU
— PeckShieldAlert (@PeckShieldAlert) October 31, 2022
In October, nearly $760 million was stolen in 44 hacks across 53 protocols. This is the worst month for cryptocurrency hacks in 2022.
March was the second-worst month, following April in terms of hacking losses. In total, this two-month hack cost him $1.18 billion to the protocol.
Worst hack of 2022
According to Peckshield’s report, October’s worst breaches were BNB chain Exploits that led to theft by hackers $590 million from the network. However, his BNB his chain was frozen shortly after the news broke, which only got the hackers around $100 million and prevented the attackers from moving most of their assets off-chain.
Another DeFi exploit that made headlines was MNGO protocol violation, a hacker took a big position on MNGO-PERP and counter-traded himself. This equates to approximately $100 million worth of assets.
However, the most significant exploit of the year was Ronin Bridge,this is $625 million In terms of funds, out of the $710 million stolen by hackers in March, the Wormhole Bridge exploit was the second largest attack, with hackers siphoning over $320 million in wrapped ETH from the Wormhole protocol. rice field.
Most of the large-scale attacks this year have targeted DeFi protocols, which is a concern for cryptocurrency enthusiasts. report from Barons.
Hackers targeted centralized exchanges for most of 2019. However, in the last 22 months, a hacker has misused his DeFi platform to steal around $6.7 billion.