The State of Web3 Security (Q1 + Q2) 2023

Explore the "State of Web3 Security (Q1 + Q2) 2023" report revealing 351 security incidents and $605M in losses, highlighting key trends and vulnerabilities.

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A Quick Summary

bulletArrow351 Web3 security incidents were recorded in the first half of 2023.

bulletArrow$605M: The total amount lost to hacks in the first two quarters of 2023.

bulletArrowDespite their lower frequency, logic Errors led to a shocking $225M loss.

bulletArrowSmart Contract Vulnerabilities and Rug Pulls were the most common types of exploits.

bulletArrowDespite the overwhelming number of hacks, the total losses ($605M) show a decrease from the previous year.

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