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The total damage to cryptocurrency platforms and their users from the actions of hackers and fraudsters exceeded $ 12 billion. Such calculations were led by Crystal Blockchain analysts.
So far, $3.18 billion has been stolen as a result of security breaches, $7.12 billion has been stolen as a result of fraud and $1.76 billion has been lost to the #DeFi sector — @CrystalPlatform data 🤔 pic.twitter.com/Sgetd2QViG
— CIA Officer 🦞🦇🔊 (@officer_cia) December 16, 2021
From January 2011 to December 2021, experts recorded 226 incidents.
The anti-record holder was 2021 – 76 cases ($ 4.25 billion). The greatest damage was inflicted on projects from the USA, Great Britain, South Korea, Japan and China. The sample included projects from 43 countries.
The most common methods are: bypassing the security system of exchanges (120), hacking of DeFi protocols (73) and fraudulent schemes (33). In value terms, the losses amounted to $ 3.18 billion, $ 1.76 billion and $ 7.12 billion, respectively.
Fraudulent schemes Plus Token, Thodex and Wotoken took the first three lines of the anti-rating. The creators of these pyramids embezzled a total of $ 5.9 billion in client funds.
The largest security breach occurred at the Japanese stock exchange Mt. Gox in February 2014. Hackers withdrew $ 615 million worth of bitcoins at the exchange rate at that time.
A never-ending story: Will the price of Bitcoin crash payouts to Mt. Gox?
Slightly less damage from hacking the Coincheck platform. In 2018, hackers withdrew $ 535 million in XEM tokens from the platform.
The largest incident in the DeFi industry is related to the Poly Network project. On August 10, 2021, an unknown person stole $ 614 million in various cryptocurrencies.
Recall that the hacker who subsequently hacked the Internet protocol transferred all the stolen assets to the Poly Network team, with the exception of $ 33 million in USDT, which Tether froze after the attack. Later, as a result of an agreement with the issuer of the stablecoin, the organizer of the attack returned the remaining assets.
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