Crypto currency In the first six months of the year, the sector lost over $ 2.2 billion due to hacking, fraud and security violations. CERtik’s “Hack3D” Web3 Security Report according to With the amount in question, the year 2024 is already behind. Between January and June, 344 Blockchain incidents were recorded and most of the losses were caused by only 34 wallet hacking.
The main causes of fund losses in the crypto currency sector
Certik’s data shows that $ 1.7 billion of the funds stolen from the crypto currency sector came from wallet violations and $ 410 million from 132 different ollama fraud. Crypto currency exchange for the biggest violation in February BybitAs a result of a wallet vulnerability containing the staked ETHs of $ 1.5 billion was lost.
In May Cetus protocolIt was the target of a $ 225 million hacking attack due to a smart contract error. Sui verifiers managed to reclaim $ 162 million of this loss. Especially in May, the losses caused by the security deficits in smart contracts reached 229 million dollars, which recorded as a striking leap compared to the $ 5 million losses of the previous month.
There is a worrying increase in physical attacks
The report drew attention to a worrying increase in physical attacks. In the first half of the year, 32 cases including violence, man kidnapping and ransom initiatives were recorded. France was the country where the most physical attack, including the kidnapping attempt to the family of Paymium CEO.
Hacker efforts in the sector in the sector have been recovered by approximately $ 187 million thanks to law enforcement and stock market cooperation.
The increasingly complexity of attacks on the crypto currency sector and gaining a violent dimension reveals the urgent need of stronger security measures. One of the most critical weaknesses was determined as weak special key management. It is easy for hackers to keep the switches in insecure environments, not encrypted or controlled by a single person. The error caused by this single point, led to billions of dollars of loss. crypto currency It continues to be one of the biggest risks of its industry.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
