$656M lost from crypto hacks, scams and rug pulls in H1 2023: Report

$656M lost from crypto hacks, scams and rug pulls in H1 2023: Report

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$656M lost from crypto hacks, scams and rug pulls in H1 2023: Report

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Approximately $215 million of stolen assets have since been recovered. According to a June 30 report by Web3 security firm Beosin, the total value of cryptocurrencies lost in scams, hacks and rug pulls amounted to $656 million during the first half of 2023. This includes the loss of $471.43 million in 108 protocol attacks, $108 million in various phishing scams and $75.87 million over 110 rug pulls. For hacks, the amount represented a significant decrease over H1 2022 and H2 2022, where $1.91 billion and $1.69 billion were lost, respectively. In addition, Beosin analysts wrote: “Approximately $215 million of stolen...
Source: https://cointelegraph.com/news/656m-lost-from-crypto-hacks-scams-and-rug-pulls-in-h12023-report


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