Atlas VPN study finds blockchain industry has lost $13.6 billion to hacker attacks

Since 2012 the blockchain industry has lost more than $13.6 billion as a result of 330 hacker attacks. is stated in a study by Atlas VPN.

Source: atlasvpn.com.

Researchers say attackers preferred decentralized applications (dapps) on the EOS blockchain — 117 successful attacks. The total losses amounted to about $28.2 million.

In the Ethereum ecosystem, 33 attacks on dapps were recorded, which brought the attackers $364 million. Cryptocurrency exchanges faced 87 successful attacks — losses reached $4.8 billion.

Custodial services for digital assets faced 36 attacks, and total losses amounted to $7.19 billion. Over eight years, hackers earned $45.8 million from 28 blockchain breaches.

Source: atlasvpn.com.

Researchers estimated that from January to June 2019 the blockchain industry faced 94 successful hacker attacks. In the first half of 2020, this figure fell to 31.

Source: atlasvpn.com.

Earlier, the KuCoin cryptocurrency exchange reported an unauthorized withdrawal of funds from hot wallets. The Block analyst Larry Chermak estimated the damage from the hack at $280 million.

Earlier, the attacker withdrew $19.8 million in renBTC from Harvest Finance.

Follow ForkLog on Twitter!