This is what Crypto hackers are targeting in 2022 – Katoch Tubes

Crypto Hacks Decoded

About Crypto Hacks

Hackers set a new record this year by stealing cryptos worth $3 billion as against $2.1 billion reported last year.

11 Hacks in a month

October is the biggest hacking month this year. It accounts for 11 hacks on DeFi protocol worth $718 million

What hackers love the most

In the past hacker used to hack crypto exchanges but tight security shifted their focus towards liquidity rich  cross-chain bridges.

About Cross-chain Bridges

Cross-Chain bridge is a DeFi protocol that allows users to swap tokens from one chain to other like ERC-20 to BEP-20

Cross-Chain hacks in 2022

Three cross-chain bridges have been hacked this year & the value of crypto stolen stands  at $600 million.

Data Source

The data source is published & tweeted by Chainalysis. An American blockchain company headquartered in New York

Binance Cross-Chain Hack

Swipe up to read about Binance $100 million cross-chain hack

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