Categories: Techno

Cryptocurrency hackers abducted more than $ 1.5 billion in February

< IMG SRC = "/Uploads/Blogs/57/B0/IB-FQMD01T2B_A16650ec.jpg" Alt = "cryptocurrency hackers stole more than $ 1.5 billion in February"/> ~ ~ ~ ~ < p > The loss of cryptocurrency market from fraud, expression and hacker attacks reached almost $ 1.53 billion in February.

< P > The largest share of this amount is a hacker attack on Bybit, which resulted in the stolen $ 1.4 billion, according to a Certk blockchain-security company.

~ > < p > writes Cointelegraph. The amount of losses in February increased by almost 1500% compared to $ 98 million, recorded by Certik in January. However, even without BYBIT loss, the total amount of stolen funds last month was over $ 126 million, which is still 28.5% more than January.

< P > The second-scale incident of the moon was the breakdown of Infini, engaged in stablcoin payments. The hackers were able to steal $ 49 million from the Certik report, a key wallet used during the attack was previously involved in the development of Infini contracts and retained administrative rights that allowed to buy all Vault tokens. The Infini team suggested hacker to leave 20% of the stolen funds if the rest is returned, the attacker disagreed to the agreement.

< P > The third largest break in February was the attack on the decentralized lending protocol ZKlend, which lost $ 10 million due to a hacker attack on February 12. In general, according to Certik, the most common category of losses in February were compromising wallets, code vulnerability and phishing.

Natasha Kumar

Natasha Kumar has been a reporter on the news desk since 2018. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining The Times Hub, Natasha Kumar worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my natasha@thetimeshub.in 1-800-268-7116

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