Exploits, hacks, and scams will steal nearly $1 billion in 2023, according to a report shared by blockchain security firm CertiK.
According to CertiK, more than $997 million has been lost so far in 2023 due to exploits, hacks and scams.
These include approximately $261 million in losses due to flash loan attacks, over $137 million in losses due to exit scams, and over $596 million in losses due to exploits.
Malicious actors targeting the cryptocurrency space stole more than $45 million in digital assets from victims in August alone, it was reported yesterday.