Blockchain security firm CertiK has published an official security report on the state of crypto exploits. The report highlights how September 2023 marks a staggering new milestone of roughly $329 million in crypto and digital assets compromised over a number of exploits.
According to the report, the most notable contributor to September’s losses was the , which suffered a breach of its cloud service provider, resulting in a devastating $200 million loss. Additionally, attacks on the exchange and led to losses of $53 million and $41 million, respectively. The , a North Korean hacking collective, has been impkicated in these attacks, with the group reportedly holding $45.6 million in crypto assets.
These developments have brought the total losses due to exploits in 2023 to a concerning $925.4 million, with July standing as the second-highest month for exploit losses at $285.8 million. Apart from direct exploits, other crypto-related incidents in September included $1.9 million lost to exit scams, $400,000 to flash loan attacks, and an additional $25 million to phishing attacks, as reported by
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Author: Vince Dioquino
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