Hackers stole half a billion dollars in cryptocurrencies and NFTs in half a year

Hackers stole half a billion dollars in cryptocurrencies and NFTs in half a year

154
Author: Robert Strickland (crypto-journalist)
Subscribe

 

  • Hackers stole half a billion dollars in cryptocurrencies and NFTs in the first half of 2023

In just the first six months of 2023, attackers stole $457 million in digital currencies and about $40 million more in non-exchangeable tokens The total value of cryptocurrencies and NFTs stolen by hackers in the first half of 2023 was $497.73 million, according to PeckShield. In June alone, hackers committed 42 hacks of crypto projects, stealing $92.5 million worth of cryptocurrencies. In addition, attackers stole $2.27 million worth of NFTs in the first month of summer.

The largest amount in cryptocurrency was stolen in the Atomic Wallet cryptocurrency attack in early June - about $65 million, according to Peckshield. A week after the hack, cybersecurity firm Elliptic estimated the damage to be more than $100 million. The total amount of cryptocurrencies stolen by hackers in the first six months of the year was $457.78 million. In the first three months of the year, $255.8 million in cryptocurrencies were stolen: in January - $8.8 million, in February - $35.5 million, and in March - $211.5 million. In the second quarter, the damage was $201.98 million: for April - $93.4 million, for May - $16.03 million, and for June - $92.55 million.

NFTs worth $39.95 million were also stolen in the first six months of 2023. $4.4 million worth of tokens were stolen in January, $16.2 million in February, and $10.9 million in March. NFTs worth $3.23 million, $2.95 million, and $2.27 million were stolen in April, May, and June respectively. The second half of the year also began with the hacking of the account of the CEO of the well-known crypto project LayerZero - one of the main projects - candidates for the airdrop. The Twitter account (the social network is blocked in Russia) of LayerZero protocol founder Brian Pellegrino was compromised, and fraudsters tried to conduct a fake token distribution. Control over the account has now been restored.

 

Other news

BlackRock Forecasts the Future of New Cryptocurrency ETFs
What U.S. Presidential Candidates See in Cryptocurrencies
How SEC's Policies Affect Bitcoin and What Could Change Under Trump
ETFs for Ethereum are Hitting the Markets
Clients of Mt. Gox Exchange to Receive $9 Billion in Bitcoin
Ethereum ETF to Launch in the US in July
Trustpilot