BlocksInform
That's what Jan said. 5 report published by Chinese blockchain security firm LianAn Technology, decentralized finance (DeFi) exploits across blockchains worldwide totaled $3.64 billion in 2022. This is up 47.4% from $2.44 billion lost in 2021. Incidents increased in volume despite a sharp loss of 80% of the total value locked in challenge over the year.
Of the 2022 amount, $1.89 billion was lost to hacks of chained bridges for 12 incidents, the largest amount in the category. On the whole, the attacks against Ethereum, Bnb Chain and Solana are at the origin of most of the exploits.
Of the 167 notable incidents in 2022, 51.5% were for audited projects, while 48.5% were for unaudited projects. In total, Lianan reported 38.7 percent, or 1.40 billion dollars, of stolen funds were laundered via cryptocurrency cash tornado mixer. Just $289 million was recovered this year. However, the number is likely higher, as several recoveries have yet to be publicly disclosed per law enforcement requests.
The global total for blockchain crimes (excluding financial crimes) was 13.7 billion dollars in 2022. Cash laundering incidents topped the list with $7.33 billion, followed by challenge exploits ($3.6 billion), tiered marketing scams ($1.0 billion) and fraud ($830 million). Apart from the collapse of the cryptocurrency exchange ftx, there have been 243 incidents of fraud and carpet draws over the period, with a total of $425 million involved.
"2022 was a grim year for the security of the global blockchain industry. This results in an increased and more urgent demand for safety expectations in 2023. How to react to attacks by hackers, how to establish a global regulatory framework in a timely manner, and how to apply technological advances to address security threats are all urgent issues that we need to address and resolve in 2023."
