Recovery of Stolen Crypto Assets by Blockchain Security Firm

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI


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

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

Coinbase Refocuses Base App Strategy After Initial Setbacks

chest

Coinbase shifts its strategy for the Base App, moving away from social features to focus on trading and AI tools.

user avatarJacob Williams

Coinbase Launches Leveraged Crypto Derivatives on Base App

chest

Coinbase launches leveraged crypto derivatives on the Base App, allowing users to trade perpetual futures with up to 50x leverage.

user avatarZainab Kamara

Palantir Technologies Reports Stellar Earnings and Revenue Growth

chest

Palantir Technologies has reported a 93% year-over-year revenue surge and a 225% increase in earnings, positioning itself as a leading AI solution.

user avatarSon Min-ho

US Tech Stocks Experience Significant Gains Driven by AI Boom

chest

The US tech stock market has seen substantial gains over the last year, driven by advancements in AI technology.

user avatarAyman Ben Youssef

Traders Predict Early Release of OpenAI's GPT-6 Model

chest

Prediction market traders are optimistic about the early release of OpenAI's GPT-6 model, estimating a 59% chance of launch by September 15.

user avatarTando Nkube

Visa Seeks New Crypto Stablecoin Partner for Global Settlements

chest

Visa is seeking a new crypto stablecoin partner to enhance its global settlement capabilities after the acquisition of its previous partner, BVNK, by Mastercard.

user avatarKofi Adjeman

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.