According to blockchain security firm Certik, the number of cryptocurrency incidents involving exit scams, hacks, and code exploits in December 2022 was the lowest monthly figure for the year. Certik said the combined incidents amounted to $62.2 million “lost to exploits, hacks and fraud.”
Record Low Cyberattacks in December 2022 Cause $62.2 Million in Losses
December 31, 2022, Certik murmured The lowest volume of exploits, hacks and fraud seen in the last month of the year. All incidents add up to about $62.2 million, which Certik notes is the “lowest monthly amount” for the year.
Certik detailed exit fraud at $15.5 million and flash loan attacks at $7.6 million. The largest flash loan attack was due to the Lodestar exploit and the largest exit scam was Defrost Finance.
The next day, January 1, 2023, Certik Said Last month’s exploits, hacks and scams 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 in the previous month of November 2022, Certik explained There were “36 large-scale attacks” worth $595 million in losses. The biggest incident in November 2022 was his hack of FTX, which happened the same day the company filed for Chapter 11 bankruptcy protection.
FTX Hack Steals $477 Million, Deribit’s Second Largest Event in November 2022 $28 million loss2022 will see a record number of hacks, and the slowdown in December 2022 was a welcome relief to many.
According to statistics, apart from the FTX hack in November 2022, the biggest hack will involve Binance Smart Chain’s Token Hub Exploitsuffered a loss of $569 million. Breaking through the Ronin Bridgeresulting in an outflow of $540 million, Wormhole exploit$326 million was stolen.
On December 15, 2022, Elliptic noted that 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.
What are your thoughts on the relatively low number of exploits, hacks and scams that occurred in December 2022? Let us know your thoughts on this topic in the comments section below.
image credit: Shutterstock, Pixabay, Wiki Commons, Editorial photo credit: Certik
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