While 3 billion dollars were lost in the attacks in the crypto money market in 2022, two-thirds of the attacks were targeted at decentralized finance (DeFi) platforms.
According to the report presented by Forbes, the total recorded in the crypto money market in 2022 125 hacks in the event Over 3 billion dollars were stolen. In the report, the year 2022 “record year for hackerswhile being defined as decentralized finance (DeFi) attacks on apps two-thirds of all attacks said to have been created. On-chain analytics firm elliptic The data provided by $2 billion DeFi main target in your attack network bridges revealed that.
Ronin Network first place: $625 million
At the top of the list of the 8 biggest cyber attacks to Axie Infinity (AXS) belonging Ronin Network attack took place. in total over half a million dollars USD Coin (USDC) and Ethereum‘Fame (ETH) In the biggest heist of this year, when it was stolen, the main target was a bridge connected to the Ethereum network. US Department of the Treasury (DOJ), hacker formation backed by North Korea in robbery Lazarus GroupIt had fallen on him.
Wormhole Network: $325 million
Another blockchain bridge, Wormhole, was hacked by an unidentified attacker on February 2. chainalysisAccording to , the attacker exploited a vulnerability in Wormhole’s code and without providing the necessary collateral. 120,000 WETH produced and withdrawn for his own account. Although Wormhole administrators offered a reward to the attacker in exchange for the stolen funds, this offer was not accepted by the hacker.
Nomad Bridge: $190 million
An unidentified hacker hacked Nomad on August 1. This attack, like the others, targeted a network bridge. Attacker, Nomad bridge working on replica exploited a flaw in his contract and within minutes about 200 million dollars around WBTC, WETH and USDC rang. However, the vulnerabilities used by the hacker in this attack were also noticed by some white hat hackers, who then sent nearly $20 million back to the Nomad team.
Beanstalk Farms: $182 million
In April, an attacker managed to withdraw $182 million worth of cryptocurrencies from Beanstalk Farms, an Ethereum-based stablecoin project. blockchain security firm CertiKAccording to the attacker, the DeFi protocol aave Using a flash loan obtained through Borrowed $1 billion worth of crypto.
Using this fund, the attacker then took over 67% of the protocol’s governance rights and was able to approve their own proposals. Then a fake “BIP-18” request to create a proposal and send these funds to him. gave his consent and deposited the funds into his wallet. pulled. on-chain all this flash credit theft according to your analysis less than 13 seconds happened in a while.
Wintermute: $160 million
Cryptocurrency market maker Wintermute lost $160 million as a result of a hack attack on September 20. CEO Evgeny Gaevoy said in a statement that the total amount of the stolen out of 90 assets and that the highest amount stolen from an asset 2.5 million dollars That’s why it didn’t pass panic selling should be avoided expressed.
Mango Markets: $114 million
Solana (SOL)-based decentralized finance (DeFi) platform Mango Markets was the target of attackers in mid-October. After this attack, hackers contacted the Mango Markets community and created a submitted an offer. Hacker’s suggestion is that the money he stole part of 67 million dollars return the remainder as a reward it was to keep it.
The hacker also does not harm himself in any way if this proposal is accepted. not to be sued and not to initiate an investigation against him. demanded. Hacker’s offer In a positive way total token amount of voters 119 million while the amount of people who voted negatively 4.6 million it happened. The funds were then returned by the hacker to Mango Markets in accordance with the terms of the agreement.
While Mango Markets kept its promise and did not take legal action, US prosecutors recently charged and arrested the attacker with fraud.
BNB Smart Chain: $110 million
BNB Smart Chain fell victim to a bridge attack on October 7 just like other networks. Binance CEO Changpeng Zhao exploitation as a bridge between networks On BSC Token Hub occurred and additional approx. 100 million worth a dollar BNB was created stated. Blockchain security firm PeckShield 568 million in total in dollars 2 million BNB stolen, but only 110 million dollars He suggested that part of it could be removed from the network. Assets extracted according to PeckShield’s claims 58% is Ethereum, 33% Phantom FD and 4.5% Arbitrum moved to the network.
Harmony Horizon: $100 million
Harmony’s main bridge between Ethereum and Binance Smart Chain blockchains was hacked on June 24, and hackers 100 million dollars He managed to steal worth of cryptocurrencies. While the protocol did not disclose how the funds were stolen, the attack occurred as a result of 14 repeated transactions along the chain.