In March 2024, the cryptocurrency sector witnessed a 48% decrease in security breaches compared to February, with total losses amounting to approximately $139 million across 33 major security incidents. These incidents included exploits, hacks, and scams, resulting in about $79 million lost, although ~$69 million was returned. Phishing, exit scams, flash loans, and exploits were the primary methods of theft, with phishing accounting for about $21 million, exit scams approximately $5.7 million, flash loans around $21.9 million, and exploits about $52.1 million. Despite these challenges, successful recovery efforts were made, with PeckShield reporting that nearly $100 million in digital assets stolen during March were recovered. Additionally, four projects, namely Munchables, Super Sushi Samurai, Dolomite, and Unizen, managed to recover $68.46 million of the stolen funds. The 7th richest Bitcoin address, potentially linked to Tether, received about 8,889 BTC (worth roughly $627 million) from Bitfinex within the last 12 hours of reporting. Furthermore, OpenLeverage was exploited for approximately $236,000, and another report highlighted an alarming $90.33 million in losses for a single week.
🔒 SlowMist Monthly Security Report: March🔒 In March, we witnessed 33 major security incidents in the Web3 space, with ~$139M in losses. Main takeaways: -Four projects (Munchables, Super Sushi Samurai, Dolomite, Unizen) was able to recovered $68.46M of stolen funds. 💪 -…
🧐 Explore our Monthly Security Review for March 2024! https://t.co/DfoOGfXp0o Dive into March’s $81 million DeFi exploits, tune in to Blocksec's insightful talk at #ETHDenver2024, learn about our collaboration with @blockscoutcom, and more. 🛡️ #SecurityReview #DeFi
$100M IN CRYPTO STOLEN IN MARCH HACKS RECOVERED: PECKSHIELD - Blockchain security firm @peckshield has revealed that nearly $100 million in digital assets stolen during March hacks have been successfully recovered. - According to PeckShield's data released on April 1, a total… https://t.co/yURDAHkO3l https://t.co/ZHaKeC72Ex
March saw a month-over-month decrease in crypto hacks: PeckShield https://t.co/5lG5vOdqmS
🛡️ Step up your #Web3Safety game! Our latest blog unveils key strategies for securing your digital assets & privacy in the blockchain space. We are NOT getting scammed in 2024 right?. Check out more details: ➡️ https://t.co/ItmZ5nl0c9 https://t.co/tTL1M7yMFG
⚠️March’s Hack Synopsis: 𝐀 𝐰𝐡𝐨𝐩𝐩𝐢𝐧𝐠 $97𝐌 𝐥𝐨𝐬𝐭!⚠️ 👉🏻For more detailed insights, visit QuillMonitor🛡️ today - https://t.co/4hyM0novDV #web3security https://t.co/7zmUt4AAWp
#PeckShieldAlert @OpenLeverage has been exploited for ~$236K https://t.co/qKQ9K8OUth
#PeckShieldAlert The 7th richest #Bitcoin address (#Tether?), as per the current ranking, received ~8,889 BTC (worth ~$627m) from #bitfinex within the last 12 hours. https://t.co/Ak7AWYKwgI
🚨 SlowMist Weekly Security Report: (Mar 24 - Mar 30, 2024) 🚨 In every challenge, there's a lesson and an opportunity for growth. Let's unwrap this week's security incidents with an eye on resilience and renewal. Total Losses This Week: An alarming $90.33M, let's break this…
#CertiKStatsAlert 🚨 Combining all the incidents in March we’ve confirmed ~$79m lost to exploits, hacks and scams after ~$69m was returned. The total is a 48% decrease from February with phishing accounting for ~$21m Exit scams: ~$5.7m Flash loans: ~$21.9m Exploits: ~$52.1m… https://t.co/vdZN2S25K1