Crypto Hacking Losses Down 51% in 2023: Report

Certified co-founder Ronghui Gu said Cointelegraph that, all things considered, 2023 was A "positive development" For blockchain security.

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$1.8 billion In digital assets were lost through 751 security incidents In 2023. While THE Rising East always huge, he was 51% lower that In 2022, When losses has hacks And other incidents reached $3.7 billion.

THE data come Since blockchain security farm CertiK annual report title “Hack3d: THE Web3 Security Report 2023.” On Jan. 3, THE security business compiled A document highlighting THE State of Web3 security In THE last year.

In THE report, THE business note that THE third quarter of 2023 checked in THE most losses has on $686 million. Furthermore, private key compromises continued has be THE most Dear attack vector. In 2023, on $880 million were lost has 47 incidents Or private keys were compromise.

Losses And security incidents by blockchain. Source: CertiK

When he come has blockchains, THE Ethereum network checked in THE most losses. According to has CertiK report, Ethereum saw $686 million In losses through 224 incidents. This put THE blockchain has A average of $3 million by incident. On THE other hand, BNB Chain checked in 387 security incidents. However, THE total losses were only $134 million, a lot lower that That of Ethereum.

In addition, cross chain interoperability remains A pain indicate For crypto. THE security report Underlines that losses were has almost $800 million In security violations affecting several blockchains.

Related: Cryptocurrency Phishing scams took almost 300 million dollars Since 324 KB victims In 2023: Report

Ronghui Gu, THE co-founder of CertiK, said Cointelegraph That...