📣 Hacken’s Q3 2023 Security Insights Report

posted  25 Oct 2023
Photo - 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.

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.