Web3 Hacks and Scams Cost $2 Billion in 2023, But Offline Crypto Crime Surges
- Web3 projects lost over $2 billion in 2023 to hacks, rug pulls, and phishing scams
- 191 major attacks resulted in $1.397 billion in losses
- 267 rug pulls caused $388 million in losses
- Phishing scams stole $238 million
- Total losses are down 54% compared to 2022, but offline crypto crime increased 377% to $65.68 billion