THELOGICALINDIAN - 670 actor was absent through crypto exploits in Q2 2022 according to a new ImmuneFi address
ImmuneFi has appear a new address advertence that DeFi protocols collectively absent added than $670 actor in 50 exploits over the aftermost quarter. While the abundance of attacks added against Q1, the absolute funds absent decreased.
ImmuneFi Report Highlights Crypto Attacks
Crypto absent arctic of $670 actor to exploits in the aftermost quarter, a new ImmuneFi address has found.
The blockchain aegis belvedere has said that atramentous hat hackers and counterfeit founders exploited assorted crypto protocols for a absolute sum of $670,698,280 in the additional banking division of 2022. Contrasting with the antecedent quarter, best of the losses came from hacks on DeFi protocols rather than cross-chain bridges.
The majority of funds absent in Q2 came from four projects: Beanstalk ($182 million), Harmony’s Horizon bridge ($100 million), Mirror Protocol ($90 million), and Fei Protocol ($80 million).
While the $670 actor sum represents an about 50% access from the $440 actor absent to hacks in Q2 2021, the aboriginal division of the year saw almanac losses. From January through March, added than $1.2 billion was baseborn from the crypto ecosystem. Most notably, Axie Infinity’s Ronin Network was exploited for over $550 million, while Solana’s Wormhole arch was attacked for $326 million.
While the amount of afraid funds has decreased back the alpha of the year, the cardinal of hacks has doubled. According to ImmuneFi, Q1 2022 saw 25 attacks, and the aftermost division saw 50. Aftermost month, Aurora adored a whitehat hacker $6 actor for advice a vulnerability that could accept put $100 actor of funds in danger. The compensation was the second-largest anytime paid out for a crypto vulnerability, ImmuneFi noted.
Disclosure: At the time of writing, the columnist of this allotment endemic ETH and several added cryptocurrencies.
