Hackers Stole Cryptocurrency Worth $2 Billion in Year 2023

For another year, crypto-stealing cases made headlines. However, as per crypto security firms, this was the first time since 2020, that the trend has been declining. 

Based on dozens of cyberattacks and thefts this year, hackers stole over $2 billion in cryptocurrency, according to De.FI, the web3 security company that manages the REKT database. 

The site ranks the worst-ever crypto hacks, ranging from the Ronin network breach in 2022—the largest event in history—where hackers took over $600 million in cryptocurrency—to this year’s hack against Mixin Network, which brought in almost $200 million for the criminals.

DeFi, in its report, wrote, “This amount, though dispersed across various incidents, underscores the persistent vulnerabilities and challenges within the DeFi ecosystem[…]2023 stood as a testament to both the ongoing vulnerabilities and the strides made in addressing them, even as interest in the space was relatively muted by the ongoing bear market in the first half of the year.”

In an estimate, published by blockchain intelligence firm TRM, the total amount of cryptocurrency that hackers have stolen this year was also made public earlier in December. As of mid-December, the business reported that the total amounted to around $1.7 billion.

Among the other crypt

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