- PeckShield revealed the crypto exploit numbers for January 2023.
- $8.8 million were lost to 24 crypto exploits in the first month of 2023.
- $2.6 million worth of stolen crypto was transferred to mixers like Tornado Cash, SideShift.ai, etc.
On-chain intelligence firm PeckShield recently published the crypto exploits statistics for January 2023. The first month of the year saw $8.8 million lost to 24 crypto exploits. While $8.8 million is no small amount, it is a significant decrease when compared to the numbers from January last year, when exploiters made away with more than $121 million.
In terms of funds lost to crypto exploits, January’s numbers reflect a whopping 92% decrease year-on-year. The bulk of the exploited amount can be attributed to one blockchain platform, Lendhub DeFi. Last month, hackers stole $6 million from this lending protocol, which ironically marketed itself as the “safest decentralized lending platform.”
#PeckShieldAlert ~24 exploits grabbed $8.8M in January 2023. As of January 31st, 2023, ~$ ...The post Funds Lost To Crypto Exploits Are Down 92% Year-on-Year appeared first on Coin Edition.