Hacken’s Q3 2023 Security Insights Report
Blockchain security auditor’s latest report is aiming to spot the trends in Q3 crypto hacks and evaluate how affected projects approached security.
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Blockchain security auditor’s latest report is aiming to spot the trends in Q3 crypto hacks and evaluate how affected projects approached security.
Key findings from the report include:
- A staggering $720 million was stolen in 117 major breaches in just three months.
- Access control breaches continue to be the most damaging vulnerability in the crypto industry.
- Despite their relatively small individual financial impact, rug pulls are alarmingly common. They capitalize on investor FOMO and the hype surrounding crypto projects.
- Among the 78 rug pulls examined, only 12 had undergone any form of audit.
To learn more about Hacken, you can read our interview with their founder, Dmitry Budorin.
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