• 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

Ethereum Mainnet Activity Soars to New Heights Despite Market Challenges

chest

Ethereum's mainnet activity has surged to nearly 3 million daily transactions, reaching an all-time high despite bear market conditions.

user avatarLi Weicheng

Shielded Labs Calls for Urgent Action on Zcash Sustainability

chest

Shielded Labs calls for urgent action from the Zcash community on long-term sustainability changes, emphasizing the need for clarity around future security and emissions to attract investment.

user avatarAisha Farooq

Burnett Discusses AI's Impact on Bitcoin and the Economy

chest

Joe Burnett discusses the impact of AI on the economy and Bitcoin, highlighting how AI-driven deflation may increase demand for Bitcoin as a stable asset.

user avatarBayarjavkhlan Ganbaatar

Joe Burnett Predicts Bitcoin Could Reach $11 Million by 2036

chest

Joe Burnett predicts Bitcoin could reach $11 million by 2036 as a dominant long-duration savings asset.

user avatarTenzin Dorje

South Korea Investigates Rising Cryptocurrency-Related Crimes

chest

South Korean authorities are expanding their investigation into a series of cryptocurrency-related crimes, including attempted murder over Bitcoin disputes.

user avatarMohamed Farouk

Bitcoin Analyst Warns of Market Challenges While Staying Bullish Long-Term

chest

Market analyst Caleb Franzen advises investors to remain strategic amid current Bitcoin market challenges, emphasizing the importance of understanding bear market behavior.

user avatarElias Mukuru

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.