{"id":83857,"date":"2023-09-01T09:57:28","date_gmt":"2023-09-01T06:57:28","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=83857"},"modified":"2025-09-12T13:44:32","modified_gmt":"2025-09-12T10:44:32","slug":"web3-projects-lose-1-25-billion-since-the-start-of-the-year-to-hackers","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/web3-projects-lose-1-25-billion-since-the-start-of-the-year-to-hackers\/","title":{"rendered":"Web3 projects lose $1.25 billion since the start of the year to hackers"},"content":{"rendered":"<p>From January to August, losses<a href=\"https:\/\/forklog.com\/en\/news\/what-is-web3\"> Web3<\/a>-platforms from hackers and scammers totalled $1.25 billion. Such calculations were reported by<a href=\"https:\/\/immunefi.com\/reports\/\"> Immunefi<\/a>.<\/p>\n<p>Over the last month the figure rose by $23.4 million.<\/p>\n<p>The number of incidents rose to 211.<\/p>\n<p>Four cases are linked to the launched <a href=\"https:\/\/forklog.com\/en\/news\/coinbases-base-l2-network-overtakes-starknet-in-tvl\">\u0437\u0430\u043f\u0443\u0449\u0435\u043d\u043d\u044b\u043c<\/a> 9 August Coinbase <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-layer%e2%80%912-solution-in-blockchain\">L2<\/a>-solution Base \u2014 <a href=\"https:\/\/forklog.com\/en\/news\/dex-leetswap-halts-trading-amid-suspected-exploit\">LeetSwap<\/a>, <a href=\"https:\/\/forklog.com\/en\/news\/swirllend-developers-carried-out-rug-pull-worth-about-460000\">SwirlLend<\/a>, <a href=\"https:\/\/forklog.com\/en\/news\/magnate-finance-team-vanishes-with-about-6-4-million-in-assets\">Magnate Finance<\/a> and <a href=\"https:\/\/forklog.com\/en\/news\/rocketswap-on-base-loses-870000-in-key-leak-incident\">RocketSwap<\/a>.<\/p>\n<p>On this metric, the network became as much a target as Ethereum and BNB Chain. In the first, hackers carried out five successful attacks; in the second \u2014 four. In total, three blockchains accounted for 62% of all hacks.<\/p>\n<p>Optimism faced two incidents (9.5%); Arbitrum, Solana, Avalanche, Phantom and Linea \u2014 one each (the remaining 28.7%).<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/l8yB-2bbGPkCAVwfXkh-yM4PC6NYQQXS8h8GHQwcth_qkLQel9n221pSkvEWee-xUyPaWhMA_yMDqW5wNzbqWCTu0ISfCdgoVFrV63lrvxkqUMuVoRNeireV0eM4P9qkqv3cn1cuartwrNcVlXs36nw\" alt=\"Web3-\u043f\u0440\u043e\u0435\u043a\u0442\u044b \u043f\u043e\u0442\u0435\u0440\u044f\u043b\u0438 $1,25 \u043c\u043b\u0440\u0434 \u0441 \u043d\u0430\u0447\u0430\u043b\u0430 \u0433\u043e\u0434\u0430 \u0438\u0437-\u0437\u0430 \u0445\u0430\u043a\u0435\u0440\u043e\u0432\"\/><figcaption class=\"wp-element-caption\">Data: Immunefi.<\/figcaption><\/figure>\n<p>Two-thirds of Web3 project losses from hacks amounted to $15.8 million. A further $7.6 million were lost to fraud.<\/p>\n<p>Unlike DeFi, no exploits have been recorded among centralized platforms.<\/p>\n<p>Immunefi bounty payouts in August totalled more than $80 million. The platform said it safeguarded $25 billion of user assets in protocols such as Chainlink, The Graph, Synthetix and MakerDAO, according to its representatives.<\/p>\n<div class=\"wp-block-text-wrappers-update-2 article_update\"><time class=\"gtb_text-wrappers_update_time\">1 September 2023 | 13:37<\/time><span class=\"gtb_text-wrappers_update_head\">Update: <\/span><\/p>\n<p>PeckShield analysts <a href=\"https:\/\/twitter.com\/PeckShieldAlert\/status\/1697327990357491739\">\u043f\u0440\u0438\u0432\u0435\u043b\u0438<\/a> their August statistics: ~20 exploits totalling $17.09 million. As of the 31st, about 2,458 ETH and 1,213 BNB have been sent to Tornado Cash.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"451\" height=\"1024\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/F44eXDraMAAEkMa-451x1024.jpeg\" alt=\"F44eXDraMAAEkMa\" class=\"wp-image-214868\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/F44eXDraMAAEkMa-451x1024.jpeg 451w, https:\/\/forklog.com\/wp-content\/uploads\/F44eXDraMAAEkMa-132x300.jpeg 132w, https:\/\/forklog.com\/wp-content\/uploads\/F44eXDraMAAEkMa-768x1745.jpeg 768w, https:\/\/forklog.com\/wp-content\/uploads\/F44eXDraMAAEkMa-676x1536.jpeg 676w, https:\/\/forklog.com\/wp-content\/uploads\/F44eXDraMAAEkMa.jpeg 880w\" sizes=\"auto, (max-width: 451px) 100vw, 451px\" \/><figcaption class=\"wp-element-caption\">Data: X.<\/figcaption><\/figure>\n<p>According to <a href=\"https:\/\/twitter.com\/CertiKAlert\/status\/1697187776641249518\">the report<\/a> CertiK, crypto-industry-focused attackers stole $45.8 million in digital assets in August alone. From the start of the year the figure stands at $997 million.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"663\" height=\"1024\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/F42eXl-XEAARje1-1-663x1024.jpeg\" alt=\"F42eXl-XEAARje1-1\" class=\"wp-image-214871\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/F42eXl-XEAARje1-1-663x1024.jpeg 663w, https:\/\/forklog.com\/wp-content\/uploads\/F42eXl-XEAARje1-1-194x300.jpeg 194w, https:\/\/forklog.com\/wp-content\/uploads\/F42eXl-XEAARje1-1-768x1187.jpeg 768w, https:\/\/forklog.com\/wp-content\/uploads\/F42eXl-XEAARje1-1-994x1536.jpeg 994w, https:\/\/forklog.com\/wp-content\/uploads\/F42eXl-XEAARje1-1-1325x2048.jpeg 1325w, https:\/\/forklog.com\/wp-content\/uploads\/F42eXl-XEAARje1-1-scaled.jpeg 1657w\" sizes=\"auto, (max-width: 663px) 100vw, 663px\" \/><figcaption class=\"wp-element-caption\">Data: X.<\/figcaption><\/figure>\n<\/div>\n<p>In the second quarter, the number of attacks on crypto projects<a href=\"https:\/\/forklog.com\/en\/news\/crypto-project-attacks-rise-63-in-q2-2023-immunefi-reports\"> grew by 63%<\/a>.<\/p>\n<p>Beosin experts estimated industry losses from hacks and fraud for the first half of the year at <a href=\"https:\/\/forklog.com\/en\/news\/report-crypto-industry-losses-from-hacks-and-scams-total-655-million-in-six-months\"> $655.6 million<\/a>.<\/p>\n<p>During the same period, inflows of digital assets to illicit services<a href=\"https:\/\/forklog.com\/en\/news\/chainalysis-inflows-of-crypto-assets-to-illicit-services-fell-by-65\"> fell by 65%<\/a>, according to Chainalysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>From January to August, losses across Web3 platforms from hacks and scams totalled $1.25 billion.<\/p>\n","protected":false},"author":1,"featured_media":83858,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[44,1644,1252],"class_list":["post-83857","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cybercrime","tag-immunefi","tag-reports"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/83857","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=83857"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/83857\/revisions"}],"predecessor-version":[{"id":83859,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/83857\/revisions\/83859"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/83858"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=83857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=83857"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=83857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}