Crypto hackers managed to steal $2b in 2023
Hackers managed to steal $2 billion in crypto in 2023, but for the first time since 2020, the trend is showing a decline. Throughout 2023, scammers and hackers executed numerous cyberattacks and rug pulls, resulting in the theft of approximately $2 billion worth of cryptocurrency, as reported by De.Fi, a web3 firm. A spokesperson for De.Fi, in a conversation with TechCrunch, emphasized that the figure highlights the “persistent vulnerabilities and challenges within the DeFi ecosystem.” You might also like: Major crypto hacks of 2023: how industry lost over $1b within minutes De.Fi’s REKT database documented at least 455 incidents in 2023, with the largest hack amounting to $231 million, attributed to Multichain. Despite the alarming $2 billion total, the efforts of cybersecurity experts and white hat hackers led to the recovery of approximately $200 million from the overall sum, De.Fi’s data shows. Funds lost by blockchain | Source: De.Fi Et...