Recovery of Stolen Crypto Assets by Blockchain Security Firm

user avatar

by Giorgi Kostiuk

3 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 Hiding Place 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, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Ripple and Water.org Enhance Partnership for Efficient Water Financing

Ripple and Water.org are expanding their partnership to leverage payment and stablecoin infrastructure aimed at improving water and sanitation financing.

user avatarLeo van der Veen

Taurus Expands Stellar Integration for Institutional Clients

Taurus has enhanced its Stellar integration to support smart contract-based assets for institutional clients.

user avatarLi Weicheng

Airtm and BVNK Announce Integration for Seamless Digital Dollar Spending

Airtm and BVNK have launched an integration to allow users to spend wallet funds at participating retailers, enhancing digital dollar services.

user avatarAisha Farooq

Bermuda Initiative for Ticketing Platform Premier Tickets

WalletConnect is collaborating with Penrose Partners to launch a ticketing platform in Bermuda, beginning with Premier Tickets.

user avatarTenzin Dorje

WalletConnect Expands Payment Access on Stellar

WalletConnect expands payment access on Stellar with WalletConnect Pay, enhancing options for users and merchants.

user avatarBayarjavkhlan Ganbaatar

Jane Street Capital Joins Hashdex Nasdaq CME Crypto Index ETF as Authorized Participant

Jane Street Capital has been added as an authorized participant for the Hashdex Nasdaq CME Crypto Index ETF, enhancing its market structure.

user avatarMohamed Farouk

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.