New Blockchain Security Stats: $3 Billion Worth of Crypto Stolen in 2022 – Here’s What You Need to Know
Source: AdobeStock / Sergey Nivens A massive $3bn worth of crypto has been stolen by hackers so far in 2022, with over $760m grabbed in October alone, a security firm has said. The significant losses due to hacking and protocol exploits was reported by the blockchain security company PeckShield on Twitter on Monday, with the firm saying losses this year have already doubled compared to last year. In 2021, $1.55bn were stolen by hackers, while just $0.25bn were lost to hackers in 2020, according to PeckShield's data. Notably, PeckShield also pointed out that some hackers do return stolen funds. This is a practice that has been quite common in the crypto world, where some hackers have shown that they are more interested in exposing protocol vulnerabilities rather than enrich themselves. Out of the $760.2m stolen in October, around $100m has already been returned, the firm said. In terms of which protocols have suffered the most from hacking last month, BNB Chain...