Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ETHEREUM NEWS»The largest cryptocurrency attacks and hacks in 2023
ETHEREUM NEWS

The largest cryptocurrency attacks and hacks in 2023

By Crypto FlexsDecember 26, 20234 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
The largest cryptocurrency attacks and hacks in 2023
Share
Facebook Twitter LinkedIn Pinterest Email

Hacks and exploits continue to plague the cryptocurrency industry in 2023, with cryptocurrency criminals taking advantage of weak security to cause billions of dollars in losses.

Good news? According to analysts, this year wasn’t as bad as last year, which was the worst on record.

Blockchain intelligence company TRM Labs said The December report said that while “a few large-scale hacks in December could close the gap,” 2023 is likely to end with “a much lower total number of hacks than 2022,” with a massive $4 billion stolen during the period.

Nonetheless, there have been massive losses this year, with TRM Labs’ figure reaching $1.7 billion.

Let’s take a look at some of the biggest hacks of the year. (The figures in this document represent the value of funds at the time of the incident.)

Mixin: $200 million

hacker hit Mixin, a Hong Kong-based cross-chain asset transfer and decentralized exchange project, took in $200 million in cryptocurrency in September. The project’s “cloud service provider” was targeted and the project froze withdrawals. Mixin later received criticism for its design, with decentralization proponents claiming it was more centralized than the project claimed.

Euler Finance: $197 million

In March, hackers targeted Euler, a DeFi lender, flash loan The attack yielded $8.7 million in decentralized stablecoin DAI, $18.5 million in Wrapped Bitcoin (WBTC), $135.8 million in Staked Ethereum (stETH), and $33.8 million in Circle’s USD stablecoin USDC. .

Hackers later returned most of the stolen funds to users.

The $1 million reward campaign launched by the Euler Foundation will no longer accept new information because the exploiter did the right thing and returned the funds.

We’ll watch tomorrow for more details.

— Euler Institute🛢️🇬🇧 (@eulerfinance) April 3, 2023

Poloniex: $126 million

Tron founder Justin Sun’s Poloniex cryptocurrency exchange was also targeted by hackers. away from In November, it held over $126 million in cryptocurrencies. Criminals robbed Ethereum, Tron, stablecoins USDT and TUSD, as well as significant amounts of meme coins.

exchange later presentation It said it had frozen some of the assets associated with the hackers’ addresses and that Poloniex’s operating profits would cover the losses.

Atomic Wallet: $100 million

North Korean hackers hit In June, the self-managed, decentralized Atomic Wallet took in its first $35 million in digital tokens. the number at that time grew up Funds continued to drain from wallets, nearly tripling, but no explanation was provided to customers.

Blockchain company Elliptic later said it had worked with several investigators and exchanges around the world to track down and freeze the stolen funds, whose addresses were frozen.

Curve: $60 million

hacker targeted July decentralized finance (DeFi) protocol curve. The decentralized exchange running on Ethereum was one of many protocols that forked its code, which led hackers to discover vulnerabilities in Vyper, the programming language it later used.

But Curve offered rewards to attackers. Searched successfully 73% recovery by August 7th.

Kyber: $48 million

Hackers attacked DeFi market maker KyberSwap in November, stealing nearly $50 million worth of cryptocurrency. Then things got strange. The attackers wrote a public on-chain letter requesting complete control of the protocol and the company behind it, as well as the removal of Kyber’s leadership.

Equity: $40 million

In September, hackers hit Stake, a gambling site that rapper Drake hacked and made $40 million. Cryptocurrency funds were withdrawn from wallets belonging to the gambling platform, but the company insisted customer funds were safe.

3 hours ago, an unauthorized tx was made from Stake’s ETH/BSC hot wallet.

We are investigating and will restore your wallet once it is fully re-secured.

User funds are safe.

BTC, LTC, XRP, EOS, TRX + all other wallets are fully functional.

— Stake.com (@Stake) September 4, 2023

According to experts, criminals stole $16 million from Ethereum, Tether, USD Coin, and DAI, and another $25 million from Binance Smart Chain and Polygon. The FBI later said It is said that the Lazarus Group, a hacker organization linked to North Korea, is behind the attack.

Edited by Ryan Ozawa.

Stay up to date with cryptocurrency news and receive daily updates in your inbox.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ether Leeum World Fair Announcement

September 24, 2025

The FTX distributes bankruptcy $ 1.6 billion this month.

September 20, 2025

Vulnerability or orbit again? BTC has a line at $ 115K

September 16, 2025
Add A Comment

Comments are closed.

Recent Posts

Futuromining Reaches $5,700 Daily Income Milestone For XRP Users

September 26, 2025

CoinFerenceX 2025 Unites Global Web3 Innovators In Singapore On September 29

September 26, 2025

Pepeto Highlights $6.8M Presale Amid Ethereum’s Price Moves And Opportunities

September 26, 2025

LYS Labs Moves Beyond Data And Aims To Become The Operating System For Automated Global Finance

September 26, 2025

Dexari Unveils $1M Cash Prize Trading Competition

September 26, 2025

How to solve the XPL perp defect

September 26, 2025

Detect the full execution bug with the induction pursing of Wake

September 25, 2025

KuCoin Appeals FINTRAC Decision, Reaffirms Commitment To Compliance

September 25, 2025

Phemex Revamps Blog To Deliver Deeper Insights And Enhanced Reader Experience

September 25, 2025

T-REX Launches Intelligence Layer To Fix Web3’s Value Distribution Problem

September 25, 2025

Are you doing a fair deal?

September 25, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Futuromining Reaches $5,700 Daily Income Milestone For XRP Users

September 26, 2025

CoinFerenceX 2025 Unites Global Web3 Innovators In Singapore On September 29

September 26, 2025

Pepeto Highlights $6.8M Presale Amid Ethereum’s Price Moves And Opportunities

September 26, 2025
Most Popular

MANTRA (OM) -This is the following of address creation, adoption and price

March 1, 2025

Siren’s Role in Fighting International Cryptocrime in the Public Key Podcast

August 21, 2024

Crypto Trader Says He Is ‘Very Long’ on Ethereum Despite Plunge Below $3,400

July 3, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.