BlocksInform
In addition to the rise in the crypto market in January, There was more positive news in the industry as the month saw a sharp decrease in harvest losses from the same period last year.
According to the data of the blockchain security company peckshield on Jan. 31, there were $8.8 million in crypto exploits losses in January.
There were 24 exploits over the month, with $2.6 million worth of crypto being sent to mixers such as Tornado Cash. The breakdown of assets sent to mixers includes 1,200 Ether () and around 2,668 BNB (BNB).
January's numbers are 92.7 per cent lower than the $121.4 million lost as a result of operations in January 2022.
#PeckShieldAlert ~24 exploits grabbed $8.8M in January 2023.
As of January 31st, 2023, ~$2.6M worth of stolen funds (~2,668 $BNB & 1,200 ) were transferred into Mixers (TornadoCash, Fixedfloat, and sideshift[.]ai). pic.twitter.com/KlGmDmKFbI
— PeckShieldAlert (@PeckShieldAlert) January 31, 2023
PeckShield reported that the largest exploit from last month, representing 68% of the total, was a Jan. 12 attack against lendhub which drained $6 million from the decentralized loan and loan platform.
Other notable accomplishments for the month included thoreum finance, which lost $580,000 and midas capital, which was mined for $650,000 in a lightning loan attack.
January is also down 68% from December 2022, when Peckshield reported operating losses of nearly $27.3 million.
Other losses not included in the data include a $2.6 million rug pull on the FCS BNB Chain token, according to DeFiYield’s Rekt database. There was another $150,000 lost to fake bonk chips, and a $200,000 carpet pulling on the metaverse doglands gaming platform, defiyield brought back.
A phishing attack on the distributed commercial protocol gmx on Jan. The victim also lost up to $4M.
Related: Crypto wallets combat scammers with transaction previews and blocklists
Despite the relatively quiet month, blockchain security company CertiK told Cointelegraph in early January that there is unlikely to be a slowdown in attacks and exploits this year.
The firm also reported that the $62 million in crypto stolen in December was the “lowest monthly figure” in 2022.
As of the end of last year, the ten largest exploits of 2022 resulted in a whopping $2.1 billion stolen from crypto protocols.
