• 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

Custodia Bank Challenges Federal Reserve's Denial of Master Account

chest

Custodia Bank formally requests a rehearing after a federal court upheld the Federal Reserve's denial of its master account application, arguing misinterpretation of the law with significant implications for crypto banking.

user avatarLuis Flores

Startale and SBI Holdings to Launch Yen-Pegged Stablecoin by Q2 2026

chest

Startale Group and SBI Holdings are collaborating to introduce a fully regulated yen-pegged stablecoin aimed at global transactions.

user avatarArif Mukhtar

Senate Postpones Voting on Cryptocurrency Bill to 2026

chest

The Senate Banking Committee has postponed the voting on the cryptocurrency bill to 2026 due to ongoing negotiations between Senate Republicans and Democrats.

user avatarMaria Gutierrez

Consumer AI Startups Struggle to Build Sustainable Businesses

chest

Despite the popularity of general-purpose AI tools, many consumer AI startups are struggling to establish sustainable business models.

user avatarDavid Robinson

The Future of Consumer AI: A Transitional Phase

chest

Experts believe that consumer AI platforms are currently in a transitional phase, akin to the early smartphone era.

user avatarAndrew Smith

Ford Shifts Focus from Electric Trucks to Hybrids and Affordable EVs

chest

Ford announces a major shift in its electric vehicle strategy, scrapping its flagship electric pickup truck, the F150, to focus on hybrids and affordable electric options.

user avatarJacob Williams

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.