$656M lost from crypto hacks, scams, and rug pulls in H12023: Report
Approximately $215 million of stolen assets have since been recovered. Go to Source Powered by WPeMatico
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Approximately $215 million of stolen assets have since been recovered. Go to Source Powered by WPeMatico
While fiat channels remain the dominant tool for criminal financing, Bitcoin appears to have fallen out of favor for criminals as far as cryptocurrencies go. Go to Source Powered by WPeMatico
The permissionless, collateralized fixed-rate borrowing and lending market restored operations in May and will now switch out user tokens worth $1.5 million. Go to Source Powered by WPeMatico
More than $208.5 million was lost initially, but approximately $4.5 million was recovered, making the total amount of unrecovered funds over $204 million. Go to Source Powered by WPeMatico
The top 100 DeFi tokens had another bearish week, with the majority of tokens trading in the red. Go to Source Powered by WPeMatico
According to Elliptic, a blockchain analysis company, an estimated 5,500 crypto wallets have been affected by the attack. Go to Source Powered by WPeMatico
The lending platform responded by pausing all markets and assuring its community that no additional funds were at risk. Go to Source Powered by WPeMatico
In the aftermath of the attack, Atomic Wallet — along with individual blockchain investigators — have amped up efforts to track and revert stolen funds. Go to Source Powered by WPeMatico
Security teams are investigating the cause of the attack. Reports have surfaced of tokens being lost, transaction data being erased, and even entire crypto portfolios destroyed. Go to Source Powered by WPeMatico
Several users on Twitter have reported losses of crypto assets, claiming funds held on the Atomic Wallet app vanished. Go to Source Powered by WPeMatico