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Beosin: $656 million worth of cryptocurrencies were stolen in the first half of 2023

Web3 security firm Beosin reported that the total amount of money stolen by cryptocurrency fraudsters and hackers was $656 million in the first half of 2023.</div

This amount includes $471.43 million obtained by hackers in 108 attacks on various projects and protocols, $108 million stolen in various phishing scams, and $75.87 million stolen by developers of fraudulent projects (over 110 cases).</nbsp;<br

However, hackers received significantly less money than last year, when the figure reached $1.91 billion and $1.69 billion in the first and second half of the year, respectively.

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“Approximately $215 million has been recovered, representing $45.5% of the cryptocurrency stolen by hackers. By comparison, in 2022, only 8% of. Also, $113 million in assets were moved to mixing services – $45.38 million to Tornado Cash and $68.14 million to other mixers,” Beosin analysts wrote.

The report also notes that only one project has been hacked for more than $100 million – it’s Euler Finance, which lost $195 million in March. In this case, however, the hackers recovered all the stolen funds.

Most of the stolen assets were placed on the Etherium network (75.6%). However, 56% of the funds were stolen because of vulnerabilities in smart contracts, and in 21.4% of cases, the specialists were never able to find the cause.

Earlier it was reported that the amount of cryptocurrencies stolen in the first quarter of 2023 fell by 65% compared to the same period in 2022.<br