In accordance with a June 30 report from safety agency Web3 Beosin, the whole worth of cryptocurrencies misplaced in scams, hacks and rug pulls amounted to $656 million within the first half of 2023. This contains the lack of $471.43 million in 108 protocol assaults, $108 million in varied scams by phishing and $75.87 million over 110 rug pulls. For hacks, the quantity represented a big lower from the primary half of 2022 and the second half of 2022, the place $1.91 billion and $1.69 billion have been misplaced, respectively. Moreover, Beosin analysts wrote:
In a dashboard compiled per Beosin and Footprint Analytics, just one venture has been hacked for greater than $100 million, particularly Euler Finance’s $195 million flash mortgage hack on March 13. opening of redemptions on April 12 after hackers return many of the stolen belongings.
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