• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Recovery of Stolen Crypto Assets by Blockchain Security Firm

user avatar

by Giorgi Kostiuk

2 years ago


Data from PeckShield, a blockchain security company, shows that about $100 million in stolen crypto assets have been recovered from hacking incidents that took place in March. PeckShield reported that there were over 30 hacking incidents last month, resulting in a total loss of $187 million.

Retrieval of Stolen Funds

Following the hacking incidents, $98.8 million worth of stolen crypto assets have been successfully retrieved, amounting to a recovery rate of 52.8%. PeckShield also highlighted the top five incidents of the month, with Munchables being the most significant in terms of losses.

Notable Recoveries

Most of the reclaimed funds were from the Munchables incident, where $97 million was secured by the Blast network participants after a hacking event. Additionally, there is hope for recovering the lost funds from the Prisma Finance incident, where $11 million in crypto assets was stolen.

Other Incidents

Curio, NFPrompt, and WOOFi also experienced hacking incidents, resulting in losses of approximately $40 million, $10 million, and $8.5 million, respectively. The Prisma Finance hack was reported as a "white hat hacker's recovery plan," indicating a potential for the return of the stolen funds.

This information was first shared on COINTURK NEWS: Significant Recovery of Stolen Crypto Assets Reported by Blockchain Security Firm

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Sam Bankman-Fried Sentenced to 25 Years; Caroline Ellison Set for Early Release

chest

Sam Bankman-Fried has been sentenced to 25 years in prison for his role in the FTX collapse, while Caroline Ellison is set for early release on February 20.

user avatarAisha Farooq

South Korea's NTS to Launch Generative AI for Tax Consultations

chest

South Korea's National Tax Service (NTS) plans to implement generative AI for customized tax consultations to improve quality and accessibility for taxpayers.

user avatarLeo van der Veen

BioMarin Acquires Amicus Therapeutics for $48 Billion

chest

BioMarin has announced its agreement to acquire Amicus Therapeutics for approximately $48 billion, signaling a resurgence in biotech mergers focused on rare diseases.

user avatarTenzin Dorje

Exploring Five Essential Strategies for Trend Following

chest

Five essential strategies for effective trend following in trading.

user avatarArif Mukhtar

The Philosophy Behind Trend Following: Emphasizing Reaction

chest

The core philosophy of trend following emphasizes reaction over prediction, allowing traders to enter trades based on established market trends and current price action.

user avatarLuis Flores

FDIC Proposes New Framework for Banks to Issue Stablecoins

chest

The Federal Deposit Insurance Corporation (FDIC) has proposed a framework that would allow banks to issue stablecoins through subsidiaries, subject to regulatory oversight.

user avatarBayarjavkhlan Ganbaatar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.