2022 was the biggest year in terms of stolen cryptocurrencies – hackers managed to withdraw $3.8 billion from various projects.
We are mainly talking about DeFi projects and bridges. While about $1.2 billion was stolen in the first quarter of 2022, the figure for the same period this year was about $400 million.
“The average volume of stolen cryptocurrencies has declined markedly.
While a year ago, hackers took out an average of $30 million per asset hack, the figure dropped to $10.5 million in the first quarter of 2023.
At the same time, the number of hacks remained almost the same – about 40,” TRM Labs analysts write.
The company’s experts urged participants in the crypto-industry not to relax.
Analysts recalled that the volume and number of hacks declined markedly in the third quarter of 2022, and the fourth quarter was a record for both.
“Unfortunately, this decline is simply a temporary respite rather than a long-term trend,” the report notes.
It was previously reported that North Korean hackers stole $721 million in cryptocurrency from Japanese entrepreneurs between 2017 and 2023.