Web3 Lost Over $890 Million to Hacks and Scams in Q3 2023: Boesin

By CryptoNews - 7 months ago - Reading Time: 1 minutes

Web3 Lost Over $890 Million to Hacks and Scams in Q3 2023: Boesin

Beosin EagleEye platform, a subsidiary of Beosin, a blockchain security audit company, revealed in a research report that Web3 lost approximately $890 million to various security breaches, phishing scams, and rug pulls in the third quarter of 2023. 
Breaking down the losses, it was revealed that 43 separate hacker attacks led to a cumulative loss of around $540 million, while phishing scams resulted in an approximate loss of $66.15 million. ...
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Original source: CryptoNews