• 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.

Other news

BlackRock Introduces New Fund to Back Stablecoin Reserves.

chest

BlackRock has launched the GENIUS Act-Aligned fund in the US to enhance stablecoin reserve management, targeting institutional issuers like Circle's USDC.

user avatarSon Min-ho

BlackRock's New BSTBL Fund Aims to Support USDC Issuers

chest

BlackRock has launched the Select Treasury Based Liquidity Fund (BSTBL) to support stablecoin reserves for USDC issuers like Circle, marking a significant step in stablecoin reserve management.

user avatarAyman Ben Youssef

BlockDAG's TGE System Enhances Transparency and Fairness

chest

BlockDAG has introduced a new TGE (Token Generation Event) system that enhances transparency and fairness in the distribution process.

user avatarTando Nkube

Base App Addresses Account Balance Display Confusion

chest

Base app users experienced fluctuations in account balances due to a display update, not a loss of funds.

user avatarNguyen Van Long

Bitcoin Maintains Stability Above 111,000 Amid Market Calm

chest

Bitcoin's price remains stable above 111,000, indicating a period of calm in the market after recent volatility.

user avatarKofi Adjeman

Cross-Market Arbitrage Strategies on Polymarket

chest

Sophisticated arbitrageurs on Polymarket are utilizing cross-market strategies to exploit logical correlations between multiple markets.

user avatarSatoshi Nakamura

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.