Analysis: 2022 was the biggest year for crypto hacking to date, with $3.8B stolen, mainly from DeFi protocols and by North Korea-tied hackers like Lazarus Group
2022 was the biggest year ever for crypto hacking, with $3.8 billion stolen from cryptocurrency businesses.
6/ Besides DeFi protocols, North Korea-linked hackers also tend to send large sums to mixers. Funds from hacks carried out by North Korea-linked hackers move to mixers at a much higher rate than funds stolen by other individuals or groups. https://twitter.com/...
4/ Now let's look at the role of North Korea-linked hackers, who drove much of 2022's hacking activity and shattered their yearly record with $1.7 billion stolen worth of cryptocurrency across several hacks. https://twitter.com/...
2/ 2022 was the biggest year ever for crypto hacking at $3.8B. Hacking activity ebbed and flowed throughout the year, with huge spikes in March and October, the latter of which became the biggest single month ever for crypto hacking, as $775.7M was stolen in 32 separate attacks. …
1/ #DeFi protocols as victims accounted for 82.1% of all #cryptocurrency stolen by hackers — a total of $3.1 billion — up from 73.3% in 2021. In this 🧵we dive deeper into this👆and take a look at the role of North Korea-linked hackers. https://blog.chainalysis.com/ ... https://twi…