Over the past nine years, from 2011 to 2020, cryptocurrency users have lost $7.6 billion in assets as a result of 113 attacks and 23 fraudulent schemes. This is comparable to Monaco’s GDP, according to a report by the analytical service Crystal Blockchain.
In the report, Crystal specialists studied all the hacks, vulnerabilities and fraudulent schemes in the industry. The most popular targets for attacks were exchanges from the United States, Great Britain, South Korea, Japan, and China. The hacking of the Japanese trading platform Coincheck in 2018 is considered to be the largest incident in terms of damage.
The authors of the report believe that the number of cyberattacks will only grow in the coming years.
Read the full report here.
Recall that in May, Crystal Blockchain recorded an increase in the popularity of bitcoin mixers among darknet users. In the first quarter of 2020, the share of bitcoins sent via darknet services to mixers increased by 20%.