Annual Web3 Security Report 2023

The 2023 Web3 Security Report highlights $1.7 billion in losses from 440 incidents, with rug pulls causing $352.27 million. Smart contract vulnerabilities led to $204.55 million in damages.

Download Report

A Quick Summary

bulletArrowQuillMonitor has extensively tracked over 1000+ hacks, totalling losses of $7.5 billion since 2020.

bulletArrow2023 witnessed a significant total loss of $1.7 billion across the web3 ecosystem, notably impacted by substantial losses incurred by Mixin Kernel ($200M) and Euler Finance ($196M)

bulletArrowIncident numbers surged to 440 in 2023, surpassing the 376 recorded hacks in 2022, marking an alarming increase in cyber threats and the need for robust security solutions in the crypto & blockchain realm.

bulletArrowRug pulls emerged as the primary cause, contributing to the majority of losses, accounting for $352.27 million across 137 incidents.

bulletArrowSmart contract vulnerabilities ranked as the second most damaging attack type, resulting in a substantial loss of $204.55 million.

[object Object]
[object Object]
[object Object]
[object Object]
[object Object]

Other reports

Loading...
Loading...
Telegram