Defi Hacks Remain a Major Threat Despite 50% Decline in 2023: Halborn

Decentralized finance (DeFi) hacks remain a major threat to the industry despite a reduction in the amount stolen in 2023, according to blockchain security firm Halborn.

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Crypto hacks falling in Q1 is but a ‘temporary reprieve’ — Blockchain firm

It was warned that the amount stolen in Q1 2023 mirrors Q2 2022, which was followed by a “record setting number of hacks.”

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Crypto Attacks Ramped Up in April, $100M Lost to Hacks and Exploits

Crypto attacks in April exceeded $100M, adding to the already substantial sum stolen in 2023. DeFi was the main target last month. The post Crypto Attacks Ramped Up in April, $100M Lost to Hacks and Exploits appeared first on BeInCrypto.

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Here's how much is lost to crypto hacks and exploits in Q1 2023

BNB Chain had the largest number of incidents in the quarter, while Ethereum had the biggest amount lost.

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Here’s how much was lost to crypto hacks and exploits in Q1 2023

BNB Chain had the most incidents during the quarter, while Ethereum saw the largest amount lost.

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BNB Chain announces hard fork after it was 'most targeted' in Q1 2023

As part of the upgrade, enhancements will be pushed to make the cross-chain bridge more secure BNB Chain was the most targeted chain in Q1 2023 with 33 incidents of hacks and exploits The BNThe post BNB Chain announces hard fork after it was 'most targeted' in Q1 2023 appeared first on AMBCrypto.

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A Comprehensive Guide on How to Thwart Crypto Hackers in 2023

The crypto market has witnessed countless hacks and exploits over the years. This has directly affected the mainstream adoption rate. Ergo, technological innovation is a must to protect customer assets and help exchanges and firms stay one step ahead of hackers.

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DeFi Remains The Target: Hackers Stole Over $20 Million In February

Following several reports of hacks in the decentralized finance (DeFi) space last year, DeFi still seems to remain the main target for bad actors in the industry. According to data from DefiLlama, millions of dollars have been siphoned from the DeFi market since the beginning of 2023.

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Bad Actors Could Continue Exploits In 2023, Security Firm Advises On Private Keys

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This Was the Worst Year for Crypto Hacks. Here’s How 2023 Can Be Better

OpenZeppelin’s Stephen Lloyd Webber writes about the plague of exploits that drained billions from crypto protocols – and how Web3 can better secure itself.

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Developers need to stop crypto hackers — or face regulation in 2023

One report indicates that more than $2.5 billion in crypto was lost to cross-chain bridge hacks over the last two years alone.

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