{"id":60566,"date":"2023-10-02T04:33:51","date_gmt":"2023-10-02T08:33:51","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=60566"},"modified":"2023-10-02T04:33:54","modified_gmt":"2023-10-02T08:33:54","slug":"september-2023-records-highest-crypto-exploits","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/september-2023-records-highest-crypto-exploits\/","title":{"rendered":"September 2023 Records Highest Crypto Exploits"},"content":{"rendered":"\n

The Mixin Network<\/a> cross-chain protocol was responsible for nearly two-thirds of September's crypto exploit losses.<\/p>\n\n\n\n

\"\"
September 2023 Records Highest Crypto Exploits<\/figcaption><\/figure>\n\n\n\n

September has officially become the worst month (so far) in 2023 for crypto-related exploits, with $329.8 million in stolen cryptocurrency.<\/p>\n\n\n\n

According to blockchain security firm CertiK, the most significant contributor to the month's totals was the September 23 Mixin Network attack, in which the Hong Kong-based decentralized cross-chain transfer protocol lost $200 million due to a cloud provider breach.<\/p>\n\n\n\n

#CertiKStatsAlert\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> \ud83d\udea8

Combining all the incidents in September we\u2019ve confirmed ~$332M lost to exploits, hacks and scams.

Exit scams were ~$1.9M

Flash loans were ~$0.4M

Exploits were ~$329.8M

See more details below \ud83d\udc47 pic.twitter.com\/DMFN9LWU8V<\/use><\/svg><\/span><\/a><\/p>— CertiK Alert (@CertiKAlert) September 30, 2023<\/use><\/svg><\/span><\/a><\/blockquote> \n\n\n\n

The attacks on the CoinEx exchange and Stake.com, which caused $53 million and $41 million in losses, respectively, were also notable during the month.<\/p>\n\n\n\n

The Lazarus Group,<\/a> a North Korean cyber collective, has been implicated in both attacks; the most recent data from Dunn Analytics shows that the group currently owns crypto assets worth $45.6 million.<\/p>\n\n\n\n

The attack has increased the annual quantity of lost cryptocurrency to $925,4 million<\/strong>. July was the second costliest month for exploit losses, with $ 285.8 million being taken.<\/p>\n\n\n\n

The month also saw $1.9 million in losses from exit schemes, $400,000 from flash loan attacks, and $25 million from phishing attacks, according to CertiK. <\/use><\/svg><\/span><\/a>In 2023, the total sum lost due to exploits, scams, and breaches reached $1.34 billion. <\/p>\n\n\n\n

According to blockchain security firm Beosin, total losses from breaches, phishing scams, and exit scams were just under $890 million for the third quarter of 2023.<\/p>\n\n\n\n

Beosin reported late last week that Q3 losses exceeded the sum of the first two quarters, which totaled $330 million in Q1 and $333 million in Q2.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Mixin Network cross-chain protocol was responsible for nearly two-thirds of September’s crypto exploit losses. September has officially become the worst month (so far) in 2023 for crypto-related exploits, with $329.8 million in stolen cryptocurrency. According to blockchain security firm CertiK, the most significant contributor to the month’s totals was the September 23 Mixin Network […]<\/p>\n","protected":false},"author":53,"featured_media":60568,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21,73],"tags":[5495,5643,6115,7184,6370],"class_list":["post-60566","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-defi-news","tag-crypto-2","tag-defi-2","tag-hackers-2","tag-phishing","tag-scams"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/10\/META-1.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/60566","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/53"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=60566"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/60566\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/60568"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=60566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=60566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=60566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}