• 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

Ripple Finalizes $200 Million Acquisition of Rail

chest

Ripple has finalized its acquisition of Rail, a stablecoin payments specialist, for $200 million.

user avatarArif Mukhtar

Bank of Japan Plans Gradual Interest Rate Hikes

chest

The Bank of Japan, led by Governor Kazuo Ueda, is preparing to implement gradual interest rate increases, with a significant rise anticipated from 0.5% to 0.75% in December.

user avatarMaria Gutierrez

Dow Jones and S&P 500 Reach Record Highs Amid Mixed Market Sentiment

chest

On Thursday, the Dow Jones Industrial Average and the S&P 500 Index reached record highs, while the Nasdaq experienced a decline due to Oracle's disappointing earnings report and spending outlook.

user avatarDavid Robinson

Bitcoin Experiences Wide Range Oscillation as Standard Chartered Lowers Target Price

chest

Bitcoin fluctuated between $89K and $93K, with Standard Chartered reducing its target price for Bitcoin amid market consolidation.

user avatarAndrew Smith

Bhutan Announces Launch of Sovereign Gold-Backed Digital Token

chest

Bhutan has launched a new digital asset, TER, a sovereign gold-backed token aimed at modernizing its financial system.

user avatarJacob Williams

Market Power Concentrated by Whale Activity on Hyperliquid

chest

Market power is concentrated by the 1011 Insider Whale on Hyperliquid, holding 794 of the total open interest since December 7, which may impact trading patterns and attract regulatory scrutiny.

user avatarZainab Kamara

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.