In 2023, the Web3 ecosystem suffered losses amounting to $1.8 billion due to hackers and scammers, according to a report released on December 28 by blockchain security platform Immunefi. Notably, 17% of these losses were attributed to the Lazarus Group, a North Korea-linked cybercriminal organisation. The largest hack of the year, in terms of losses, […]
September saw more cryptocurrency stolen through exploits, hacks and scams than any other month this year, topping $320 million in losses, according to data from CertiK. The surge pushes 2022’s total crypto losses from various cybercrimes over $1.3 billion. CertiK identified the biggest contributor as the $200 million breach of cross-chain protocol Mixin Network on […]