Crypto Exploits Cost Nearly $330M in September; Mixin Network Attack Accounts for Over Half

The Mixin Network attack accounted for nearly $200M of the $329.8M lost to crypto exploits in September, according to CertiK.
Other major incidents were the CoinEx and Stake.com exploits, resulting in losses of $53M and $41M respectively.
North Korean hacking group Lazarus Group linked to CoinEx and Stake.com breaches, currently holds $45.6M in crypto.
September's $329.8M in losses brings the yearly total for crypto exploits to $925.4M.
Blockchain security firm Beosin reports over $890M lost to hacks, scams and exits in Q3 2023, exceeding Q1 and Q2 combined.

cointelegraph.com

Relevant topic timeline:

9/25/2023

Mixin Network Suffers $200M Hack Due to Centralized Database Vulnerability

Mixin Network has been hacked for approximately $200 million, resulting in the loss of some assets on the mainnet, as confirmed by the blockchain security consultancy SlowMist, highlighting the vulnerability of relying on a centralized database.

9/25/2023

Crypto Platform Mixin Loses $200 Million in Major Hack

Hong Kong-based crypto company Mixin announced that hackers breached its cloud service provider and stole approximately $200 million, leading to the temporary suspension of deposit and withdrawal services while the vulnerabilities are fixed. The company has engaged the help of Google and SlowMist to investigate the incident. The hack on Mixin is the largest theft in the crypto world this year, surpassing the previous record set by Euler, a crypto lending platform.

10/6/2023

Crypto Hacks Soar, Causing Over $1 Billion in Losses This Year

A new report reveals that over $1 billion was lost in crypto this year, with $600 million lost in the last quarter due to an increase in successful hacks and specific events, highlighting a significant power law distribution in terms of the level of impact and loss.

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Posted 10/2/2023, 6:19:30 AM

Crypto Exploits Cost Nearly $330M in September; Mixin Network Attack Accounts for Over Half

The Mixin Network attack accounted for nearly $200M of the $329.8M lost to crypto exploits in September, according to CertiK.
Other major incidents were the CoinEx and Stake.com exploits, resulting in losses of $53M and $41M respectively.
North Korean hacking group Lazarus Group linked to CoinEx and Stake.com breaches, currently holds $45.6M in crypto.
September's $329.8M in losses brings the yearly total for crypto exploits to $925.4M.
Blockchain security firm Beosin reports over $890M lost to hacks, scams and exits in Q3 2023, exceeding Q1 and Q2 combined.

cointelegraph.com

Relevant topic timeline:

9/25/2023

Mixin Network Suffers $200M Hack Due to Centralized Database Vulnerability

9/25/2023

Crypto Platform Mixin Loses $200 Million in Major Hack

10/6/2023

Crypto Hacks Soar, Causing Over $1 Billion in Losses This Year