Hackers stole more than $ 1 billion in cryptocurrency in the third quarter of this year alone

Blockchain technology and the cryptocurrency hype have received a lot of attention in recent years. Attackers who use the capabilities of the blockchain to take over other people's finances also did not stand aside. According to Atlas VPN, cybercriminals stole over $ 1 billion in cryptocurrency in the third quarter of 2021.

Although cybercriminals do not disdain any popular cryptocurrencies, it is noted that the Ethereum ecosystem has suffered from the largest number of hacks, and the holders of this currency have lost the most money due to the actions of cybercriminals. They, according to the calculations of Slowmist Hacked, lost $ 803,427,798. The Ethereum ecosystem had 20 major attacks. One of the largest robberies was the attack on the Poly Network, during which $ 610 million was stolen.



There were five attacks on cryptocurrency exchanges, during which they lost $ 114 million. Moreover, $ 90 million was stolen as a result of hacking the Liquid exchange. The Binance Smart Chain ecosystem suffered seven attacks and lost $ 23 million in the third quarter of this year. In 28 attacks on small cryptocurrency ecosystems, $ 193 million was stolen.



The success of cryptocurrency attacks is attracting more and more criminals. While tech-savvy hackers are looking for exploits in cryptocurrency ecosystems, scammers are inventing cunning schemes to trick users. In the first three quarters of this year, there were 146 cryptocurrency-related attacks. This is more than in any other year.



For comparison, over the entire past year, 122 hacks were recorded. And the record year was 2019, when the number of attacks increased by 58% compared to 2018 and reached 133 cases. It is important to note that the number continues to rise in the fourth quarter of 2021. It is reported that the main target of cybercriminals is still the Ethereum ecosystem.


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