• 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

CFTC Lawsuit Against Kentucky Highlights Jurisdictional Battle Over Prediction Markets

chest

The CFTC has filed a lawsuit against Kentucky, raising questions about the regulation of prediction markets in the U.S. The case will determine if federal derivatives law or state gambling laws govern these markets.

user avatarJacob Williams

XRP Withdrawal Activity on Binance Reaches New Highs

chest

XRP withdrawal activity on Binance has surged, marking the highest share since 2024, indicating a shift in exchange behavior.

user avatarZainab Kamara

Cardano DeFi Project SecondFi Faces Major Security Flaw

chest

The Cardano DeFi project SecondFi is facing scrutiny due to a critical wallet key generation flaw, exposing users to potential losses in the tens of millions of dollars.

user avatarSon Min-ho

Avalanche AVAX Sees Significant Rally Amid FIFA World Cup 2026 Collaboration

chest

Avalanche AVAX has rallied by 37% in the last 24 hours due to a collaboration with FIFA for ticketing, becoming the second-best performing cryptocurrency in the top 100 projects.

user avatarAyman Ben Youssef

Updated Editorial Standards Highlight Accuracy and Impartiality.

chest

A new editorial policy has been implemented by the editorial team, emphasizing accuracy, relevance, and impartiality in reporting.

user avatarTando Nkube

Ethereum Research Proposal Puts Staking Economics in Focus

chest

A proposal titled Validator Redirected Revenue aims to address funding for public goods in the Ethereum ecosystem.

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.