2022 Crypto Attacks Were Least in December, With $62M Lost in Heists, Certik Says

Crypto market participants had few reasons to cheer in the last month of 2022 – with a low attack and theft figure among one of them.

The year, overall, saw over $3.7 billion lost to various attacks, hacks and scams – making 2022 the worst year in the market’s history so far. Attackers gained over $3.2 billion in 2021. But 2022 was off to an even rockier start with a $325 million exploit of popular cross-chain service Wormhole, which was followed by a $625 million attack on Axie Infinity’s Ronin bridge, and then a $200 million exploit of the Nomad bridge.were the top attacks in December.

Flash loans are a popular way for attackers to gain funds to conduct exploits on decentralized finance systems.

shauryamalwa $62M is still a staggering amount. There is a need for better controls and more secure access to manage crypto assets for individuals and organizations

shauryamalwa Wow! Impressive progress over the past year. That's a massive milestone for the DeFi space. HODLing has paid off! 🎉 Crypto community is on fire! Ethereum Altcoins

shauryamalwa Wow! Impressive progress over the past year. That's a massive milestone for the DeFi space. HODLing has paid off! 🎉 Crypto community is on fire! Ethereum Altcoins

shauryamalwa Hopefully more awareness around fairness, security, privacy & ownership will come out of the learnings of 2022.

shauryamalwa People say next year will be a harsh year for the crypto market, but I don't think it's the same story for blockchain games For instant, the new dawg on the block, io_dragonwar, is blooming with their free-to-earn gaming experience and 239% staking APR Definitely check 'em out!

shauryamalwa We don't believe anything from the crypto world. Absolute corruption. Destroy crypto. Save the world economy.

shauryamalwa How many Bored Apes we’re part of that?

shauryamalwa So funny how this is how we celebrate these days…

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$62M crypto stolen in Dec was the ‘lowest monthly figure’ in 2022: CertiKHackers and exploiters of cryptocurrency protocols had the quietest month of 2022 in December according to blockchain security firm CertiK, which said December saw the “lowest monthly figure” for the year in terms of the amount of crypto stolen. Unprecedentedly low RSI on the monthly chart 👀 BTC has never been so oversold on this timeframe! Maybe they too are frozen due to Crytpo winter 🙂
Source: Cointelegraph - 🏆 562. / 51 Read more »

Global Cryptocurrency Trade Volumes Saw a Significant Decline in December 2022 – Market Updates Bitcoin NewsAccording to statistics, daily cryptocurrency trade volumes have dropped significantly during December 2022. Last month's volume was 46% lower than November's. Brilliant, but using ChiefraFba for signals and analysis Using ChiefraFba signals, I have a 92% win rate in the last two months! Using Chiefrafba for signals and analysis I have a 92% win rate in 2 months
Source: BTCTN - 🏆 531. / 51 Read more »