BNB Chain lost over $750 million to hackers in 2022, making it the biggest victim of blockchain attacks last year.
$2.075 billion to hackers, approximately 55% of the total losses for the year, while cross-chain bridges recorded $1.212 billion of stolen funds, about 32% of the entire amount during the year.
Per the paper, there were 56 security incidents reported in the NFT space, resulting in losses totaling over $65.44 million. “Many of these incidents were caused by phishing attacks, accounting for about 39% , followed by Rug Pulls, accounting for about 21% . The remaining 30% were caused by contract vulnerabilities or other internal factors,” the report stated. was the biggest victim of blockchain security incidents last year. The blockchain experienced 79 attacks, resulting in losses of up to $785 million.
The research found that blockchain mixers gained popularity last year, with them being the favorite tool for hackers to launder their ill-gotten proceeds. Per the report, 1,233,129 ETH was deposited to the now-sanctioned crypto mixerThe report also revealed that some industry projects have started implementing effective measures for blockchain anti-money laundering to prevent attackers from profiting from their crimes.
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