According to a study by the Russian cryptocurrency asset analysis service SCHARD, the number of major hacker attacks on cryptocurrency services has increased six-fold in three years. The amount of funds stolen in 2022 amounted to a record $3.9 billion.

In 2022, users of crypto services lost $3.9 billion as a result of hacker attacks

According to SCHARD, in the last three years, the number of attacks on cryptographic services has increased sixfold. If in 2020 the industry suffered only 50 major hacks, then in 2022 this number increased to 300. In addition, the time intervals between hacks are decreasing from time to time, and hackers are increasingly turning their attention to new attack targets. , changing his approach. from centralized exchanges to DeFi services and blockchain bridges.

In total, 300 major hack cases were recorded in 2022 with a total damage of $3.9 billion, the most famous being Maiar, Crypto.com, Derbit, Beanstalk, BSC Token Hub, and Qbit. Three years ago, the total amount of funds lost was estimated to be in the millions, not the billions of dollars; for all of 2020, hackers managed to steal just $600 billion.

According to SCHARD, most of the time hackers steal Ethereum tokens, which are then exchanged for USDT. The study also notes that centralized exchanges (CEXs), which accounted for 70% of all hacked services in 2020, have become much less likely to be attacked in three years. In 2022, CEX attacks account for only 10% of the total number of hacker attacks.

Author:

Grigory Shcheglov

Source: RB

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

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