Web variety of assaults in opposition to DeFi protocol spiked by virtually 30% in comparison with 2021 statistics
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SlowMist, a top-tier cybersecurity and AML staff, shared its annual report on the assaults, hacks and different safety incidents within the Web3 phase. It appears to be like like 2022 witnessed a record-breaking variety of scams on main good contracts platforms.
303 hacks, billions laundered, 376 stablecoin addresses frozen: SlowMist 2022 report is out
In line with the SlowMist 2022 Annual Blockchain Safety and AML Evaluation Report, final yr, 303 incidents within the sphere of blockchain safety befell, which alerts 28.3% enhance in comparison with 2021 numbers. Aggregated losses in these assaults eclipsed $3.77 billion, which “doesn’t have in mind property misplaced as a result of market instability,” analysts highlighted.
💫Thrilling information!
The SlowMist 2022 Annual Blockchain Safety and AML Evaluation Report is right here!
Our complete report offers helpful insights and evaluation on the most recent tendencies and developments in #blockchain safety and #AML.
Let’s dive in🧐https://t.co/HJpY9yqmIl
— SlowMist (@SlowMist_Team) January 9, 2023
The staff calculated the losses primarily based on property’ costs on the date of accidents. The most important enhance in the variety of losses was registered within the DeFi, cross-chain and NFT segments. BNB Good Chain (BSC) was the first goal of attackers: 79 accidents of assorted sorts occurred there.
SlowMist calculated the variety of cryptocurrency accounts blocked by main centralized stablecoin issuers Tether Restricted and Circle. Two heavyweights blocked 250 and 126 addresses on Ethereum (ETH) blockchain, respectively.
Regardless of the arrest of Twister Money developer Alexey Pertsev, blockchain mixers witnessed an enormous spike in recognition in 2022. Per the report, a complete of 1,233,129 ETH was deposited to Twister Money, whereas over 40,000 Bitcoins (BTC) had been laundered by way of ChipMixer.
Phishing, rug pulls and scams had been on fireplace in 2022
Cross-chain bridges suffered painful losses in 2022: in simply 4 assaults (in opposition to Ronin, Wormhole, Nomad and Concord bridges), virtually $1.2 billion was stolen by hackers. In whole, 16 assaults on cross-chain techniques had been registered; 32% of all annual losses must be attributed to the cross-chain phase.
Scammers in crypto are getting an increasing number of harmful: 31.6% of incidents in Web3 must be attributed to rip-off campaigns, rug pulls and phishing occasions. In 30.3% of circumstances, attackers exploited DeFi contract vulnerabiliies.
SlowMist registered 56 incidents within the NFT phase; virtually 40% of them had been related to phishing assaults, whereas 21% had been attributable to “rug pulls.”