Over $330 Million Worth of Digital Assets Stolen in September
In September, various methods such as flash loan attacks, exit scams, and exploits were used to steal approximately $332 million worth of digital assets from trading platforms. Exploits accounted for more than 98% of the thefts, totaling $329.8 million, while flash loan attacks and rug pulls only amounted to less than $2.4 million.
Mixin Kernel Incident Dominates September Exploits
The most significant incident in September was the exploit that targeted Mixin Network, resulting in a loss of $200 million. Mixin Network has made efforts to recover the funds by offering a bug bounty reward to the attackers.
#CertiKStatsAlert from $6.4 million in August to $0.4 million in September.
The total value of funds stolen from digital asset platforms since the beginning of the year has now surpassed $1.3 billion, according to Certik’s data. This figure stood at just under one billion dollars in August.
Hot Take: Digital Asset Thefts Soar in September
In September alone, digital asset thefts reached an alarming value of over $330 million, with exploits being the primary method employed by hackers. The Mixin Kernel incident, which resulted in a loss of $200 million, was the most significant exploit of the month. These thefts highlight the urgent need for increased cybersecurity measures within the crypto industry to protect user funds.
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