In November alone, over $343 million worth of digital assets were stolen from digital asset platforms. Centralized exchanges accounted for 53.8% of total losses, with decentralized exchange platforms accounting for the remainder. The 34 attacks on the BNB chain and Ethereum accounted for 83% of the total losses on the target chains.
Maximum monthly loss to date
“A new report from Immunefi shows that $343,038,810 worth of digital assets fled both centralized and decentralized exchanges in November. The figure includes digital assets stolen through hacking and fraud, making it “the highest monthly loss so far this year.” Similar accidents resulted in approximately $22.2 million (15.4 less) in losses.
The data also shows that November 2023 marks the third time that losses incurred by digital asset platforms have exceeded $300 million. The other months are July ($320.5 million) and September ($340.4 million). The $21 million siphoned off in January was the lowest amount so far this year.
The amount stolen in the past month brings the total value of digital assets stolen in 2023 to $1,753,707,812, according to a November report from Immunefi. Centralized exchanges accounted for 53.8% of total losses, with decentralized exchange platforms accounting for the remainder. High-profile breaches that month included attacks on Poloniex, HTX Exchange, Kronos Research, and Kyber Network.
Most attacks on BNB chain and Ethereum
Hacking was the leading cause of digital asset losses in November 2023, accounting for $335,574,150, according to a new report from Immunefi. The report also highlights that the most targeted chains in November 2023 were the BNB chain and Ethereum, accounting for more than half (83%) of total losses among targeted chains.
According to the report, there were up to 22 individual attacks on the BNB chain, accounting for 53.7% of total losses. There were 12 incidents on the Ethereum network, accounting for 29.3% of total losses. The three attacks on Arbtrum accounted for 7.3% of the losses, with Optimism, Avalanche, Fantom, and Heco Chain receiving one attack.
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Source: Bitcoin.com