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Digital-Asset Hacks Rose to 50 in August, With Losses at $136.3 Million

Source
Uk Jin

Summary

  • The number of hacking incidents in the digital-asset industry rose 67% from the previous month to 50 in August.
  • Losses from the attacks fell 49.5% from a month earlier to $136.3 million.
  • DeFi protocol Tectonic lost about $74 million, while Cronos (CRO) suffered losses of $6 million.

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The digital-asset industry recorded 50 hacking incidents in August.

Blockchain security firm PeckShield said on Sept. 5 that the industry suffered 50 hacks last month, up 67% from July. The value of losses from those attacks fell 49.5% from the previous month to $136.3 million.

The largest loss was at decentralized-finance protocol Tectonic, which was hit for about $74 million. Cronos, or CRO, also suffered losses of $6 million.

#Crypto Hack
Uk Jin

Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.

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