Report: In 2020 the blockchain industry lost $3.8 billion to hacker attacks

In 2020, hackers stole nearly $3.8 billion in cryptocurrencies in 122 attacks on blockchain-industry participants. The results of исследования Atlas VPN.

Data: Atlas VPN.

Most of the funds were stolen in attacks targeting cryptocurrency wallets — more than $3 billion.

Hackers frequently targeted decentralized applications on the Ethereum blockchain. In 2020, they were successfully hacked at least 47 times.

In 28 hacks, cryptocurrency exchanges lost more than $300 million.

The calculations are based on the rate as of January 12, 2021.

Analysts noted that in 2020 the number of hacks targeting the blockchain industry declined for the first time in five years. Experts expect the trend to continue this year.

Back in October, Atlas VPN calculated that since 2012 the blockchain industry has lost more than $13.6 billion in hacker attacks.

Read about the biggest hacks of 2020 in ForkLog’s exclusive.

Top hacks of 2020: DeFi, exchanges, and DeFi again

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