Funds Misplaced To Crypto Exploits Are Down 92% Yr-on-Yr

• PeckShield revealed the crypto exploit numbers for January 2023.
• $8.8 million have been misplaced to 24 crypto exploits within the first month of 2023.
• $2.6 million price of stolen crypto was transferred to mixers like Twister Money, SideShift.ai, and many others.

On-chain intelligence agency PeckShield just lately revealed the crypto exploits statistics for January 2023. The primary month of the yr noticed $8.8 million misplaced to 24 crypto exploits. Whereas $8.8 million is not any small quantity, it’s a important lower when in comparison with the numbers from January final yr, when exploiters made away with greater than $121 million.

By way of funds misplaced to crypto exploits, January’s numbers mirror a whopping 92% lower year-on-year. The majority of the exploited quantity could be attributed to 1 blockchain platform, Lendhub DeFi. Final month, hackers stole $6 million from this lending protocol, which mockingly marketed itself because the “most secure decentralized lending platform.”

#PeckShieldAlert ~24 exploits grabbed $8.8M in January 2023. As of January thirty first, 2023, ~$ …

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