Tuesday, July 1, 2025
No Result
View All Result
Coin Digest Daily
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
No Result
View All Result
Coin Digest Daily
No Result
View All Result

Crypto losses from hacks, scams soar to $750 million in Q3 – CertiK

2 October 2024
in Scam Alert
Reading Time: 3 mins read
0 0
A A
0
Home Scam Alert
Share on FacebookShare on Twitter


Receive, Manage & Grow Your Crypto Investments With Brighty

Malicious actors stole greater than $750 million in varied crypto-related hacks and scams through the third quarter, pushing whole losses for the 12 months to over $1.9 billion, in keeping with CertiK’s quarterly Hack3d safety report.

The losses have been incurred in 155 separate incidents, displaying a 9.5% rise in stolen funds in comparison with the earlier quarter. Nonetheless, there have been 27 fewer incidents than within the second quarter.

In keeping with the report, three main occasions have been accountable for a lot of the funds stolen through the quarter. Two of the most important incidents have been a $238 million phishing assault concentrating on a Bitcoin whale and a $231 million hack of India-based centralized alternate WazirX. The third largest incident concerned a person investor who fell sufferer to a phishing rip-off that resulted in a $55.4 million loss.

Crypto Hacks
High 10 Crypto Exploits in Q3 (Supply: CertiK)

In the meantime, roughly $30.9 million was recovered throughout 9 incidents, reducing the adjusted web losses to round $722 million for the quarter.

Phishing stays a priority

Phishing assaults and personal key compromises have been probably the most dominant assault strategies utilized by malicious actors through the third quarter.

Phishing alone brought on losses exceeding $343 million in 65 instances. Usually, these scams contain attackers posing as trusted entities to deceive victims into sharing delicate info like passwords.

Crypto Hacks Crypto Hacks
Crypto Hacks in Q3 (Supply: CertiK)

Non-public key compromise ranked second, with over $324 million misplaced throughout 10 instances. In these eventualities, attackers achieve management of personal keys, permitting them to switch funds with no need additional authentication.

Different notable vulnerabilities concerned code flaws, reentrancy bugs, value manipulation, and fundraising-related scams, amongst others.

Ethereum suffered most losses

Throughout blockchain networks, Ethereum noticed probably the most safety breaches, with 86 hacks and scams leading to losses of over $387 million. The Bitcoin community adopted, with $238 million stolen in a single phishing incident.

CertiK defined that the 2 high blockchain networks have been probably the most focused due to their “excessive transaction quantity, massive userbase, and TVL.”

Crypto Hacks Crypto Hacks
Crypto Hacks by Chains in Q3 (Supply: CertiK)

In the meantime, multi-chain platforms additionally suffered important losses of round $90 million, whereas different blockchain networks like Binance Sensible Chain (BSC), Cosmos, Scroll, Solana, Base, Blast, and Optimism accounted for the remaining incidents.

Talked about on this article



Source link

Tags: CertiKCryptoHackslossesmillionscamsSoar
Previous Post

Wild Forest to Launch Token Generation Event in Q4 2024

Next Post

ECC Transparency Report for Q1 2024

Related Posts

Inside the $90M Nobitex hack: a layer-by-layer breakdown – CoinJournal
Scam Alert

Inside the $90M Nobitex hack: a layer-by-layer breakdown – CoinJournal

28 June 2025
Crypto heists reach $2.1B so far in 2025 as state-backed hackers ramp up attacks
Scam Alert

Crypto heists reach $2.1B so far in 2025 as state-backed hackers ramp up attacks

27 June 2025
You’re Hired! North Korea’s new crypto scam starts with a job offer
Scam Alert

You’re Hired! North Korea’s new crypto scam starts with a job offer

20 June 2025
Russian crypto CEO charged in $530M laundering scheme tied to US sanctions – CoinJournal
Scam Alert

Russian crypto CEO charged in $530M laundering scheme tied to US sanctions – CoinJournal

11 June 2025
Coinbase data breach spills offline as victims get scam mail
Scam Alert

Coinbase data breach spills offline as victims get scam mail

6 June 2025
Crypto ATM scams in Australia cause over AUD 3.1 million in losses
Scam Alert

Crypto ATM scams in Australia cause over AUD 3.1 million in losses

3 June 2025
Next Post
ECC Transparency Report for Q1 2024

ECC Transparency Report for Q1 2024

Bitcoin Bull Run Looming? Expert Anticipates Grand Massive Upsuge In The Coming Months | Bitcoinist.com

Bitcoin Bull Run Looming? Expert Anticipates Grand Massive Upsuge In The Coming Months | Bitcoinist.com

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Ethereum Reclaims $2,500 In Squeeze-Driven Rally – But Can It Hold?

Ethereum Reclaims $2,500 In Squeeze-Driven Rally – But Can It Hold?

28 June 2025
솔라나 레이어 2 코인 솔락시, 유니스왑 상장 출시… 지금 구매할 만한 유망 코인일까? | Bitcoinist.com

솔라나 레이어 2 코인 솔락시, 유니스왑 상장 출시… 지금 구매할 만한 유망 코인일까? | Bitcoinist.com

24 June 2025
$304M Raised, 20 Listings Locked – BlockDAG’s Plan Is Set, TAO and Pi Downtrend

$304M Raised, 20 Listings Locked – BlockDAG’s Plan Is Set, TAO and Pi Downtrend

16 June 2025
Why is Crypto Crashing? Dust Settles Over SOL and ETH After Musk Storm

Why is Crypto Crashing? Dust Settles Over SOL and ETH After Musk Storm

7 June 2025
Ethereum Price To Resume Downtrend? Market Expert Identifies Bearish Chart Setup | Bitcoinist.com

Ethereum Price To Resume Downtrend? Market Expert Identifies Bearish Chart Setup | Bitcoinist.com

23 June 2025
Altcoin Exchange Flows Dip Below $1.6B – History Points To Incoming Rally | Bitcoinist.com

Altcoin Exchange Flows Dip Below $1.6B – History Points To Incoming Rally | Bitcoinist.com

28 June 2025
The One Big Beautiful Act Passes In The U.S. Senate — Without Bitcoin Tax Amendment

The One Big Beautiful Act Passes In The U.S. Senate — Without Bitcoin Tax Amendment

1 July 2025
Blackrock Powers Bitcoin ETFs to 15th Straight Inflow Day – Markets and Prices Bitcoin News

Blackrock Powers Bitcoin ETFs to 15th Straight Inflow Day – Markets and Prices Bitcoin News

1 July 2025
Kraken Elected as Super Representative on the TRON Network

Kraken Elected as Super Representative on the TRON Network

1 July 2025
Pudgy Party Set For Imminent Release on iOS and Android

Pudgy Party Set For Imminent Release on iOS and Android

1 July 2025
GameStop Inspired a Lingerie MMA League to Buy Bitcoin: SUBBD Token Soars?

GameStop Inspired a Lingerie MMA League to Buy Bitcoin: SUBBD Token Soars?

1 July 2025
Bitget Wallet Partners With Mastercard And Immersve To Launch Zero-Fee Crypto Card

Bitget Wallet Partners With Mastercard And Immersve To Launch Zero-Fee Crypto Card

1 July 2025
Facebook Twitter Instagram Youtube RSS
Coin Digest Daily

Stay ahead in the world of cryptocurrencies with Coin Digest Daily. Your daily dose of insightful news, market trends, and expert analyses. Empowering you to make informed decisions in the ever-evolving blockchain space.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITEMAP

  • About us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$105,905.00-1.25%
  • ethereumEthereum(ETH)$2,423.68-2.40%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.18-1.97%
  • binancecoinBNB(BNB)$645.33-1.83%
  • solanaSolana(SOL)$146.95-5.63%
  • usd-coinUSDC(USDC)$1.000.00%
  • tronTRON(TRX)$0.278755-0.19%
  • dogecoinDogecoin(DOGE)$0.158358-3.79%
  • staked-etherLido Staked Ether(STETH)$2,422.75-2.40%