{"id":15780,"date":"2024-08-02T10:58:03","date_gmt":"2024-08-02T07:58:03","guid":{"rendered":"https:\/\/forklog.com\/en\/certik-reports-278-8-million-loss-in-cryptocurrency-incidents-for-july\/"},"modified":"2024-08-02T10:58:03","modified_gmt":"2024-08-02T07:58:03","slug":"certik-reports-278-8-million-loss-in-cryptocurrency-incidents-for-july","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/certik-reports-278-8-million-loss-in-cryptocurrency-incidents-for-july\/","title":{"rendered":"CertiK Reports $278.8 Million Loss in Cryptocurrency Incidents for July"},"content":{"rendered":"<p>In July, cryptocurrency projects suffered losses amounting to $278.8 million due to malicious activities <em>\u2014<\/em> the second largest figure in 2024, according to calculations by CertiK.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/CertiKStatsAlert?src=hash&#038;ref_src=twsrc%5Etfw\">#CertiKStatsAlert<\/a> ?<\/p>\n<p>Combining all the incidents in July we\u2019ve confirmed ~$270.9m lost to exploits, hacks and scams after ~$7.8m was returned.<\/p>\n<p>The amount is the second highest monthly loss so far in 2024.<\/p>\n<p>Exit scams: ~$3m<br \/>Flash loans: ~$265.8m<br \/>Exploits: ~$9.8m<\/p>\n<p>More details\u2026 <a href=\"https:\/\/t.co\/FCXNe4sGiu\">pic.twitter.com\/FCXNe4sGiu<\/a><\/p>\n<p>\u2014 CertiK Alert (@CertiKAlert) <a href=\"https:\/\/twitter.com\/CertiKAlert\/status\/1818603157649281382?ref_src=twsrc%5Etfw\">July 31, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The breakdown is as follows:<\/p>\n<ul class=\"wp-block-list\">\n<li>scams: ~$3 million;<\/li>\n<li>hacks: ~$265.8 million;<\/li>\n<li>flash loan attacks: ~$9.8 million.<\/li>\n<\/ul>\n<p>Approximately $7.8 million of the total losses were recovered, reducing the damage to $270.9 million.<\/p>\n<p>The largest incident was the hack of the Indian exchange Wazir X ($230 million). This was followed by losses from the Li.Fi protocol ($11.6 million) and the Bittensor project ($8 million).<\/p>\n<p>Flash loan attacks also featured significant incidents, including losses at Rho Markets ($7.6 million) and Dough Finance ($3.1 million).<\/p>\n<p>Back in June, CertiK revealed involvement in a &#8220;white&#8221; hack of Kraken.<\/p>\n<p>Earlier, Cyvers specialists estimated that <span data-descr=\"centralized platforms\" class=\"old_tooltip\">CeFi<\/span> accounted for 70% of losses from hacker attacks.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In July, cryptocurrency projects suffered losses amounting to $278.8 million due to malicious activities \u2014 the second largest figure in 2024, according to calculations by CertiK. #CertiKStatsAlert ? Combining all the incidents in July we\u2019ve confirmed ~$270.9m lost to exploits, hacks and scams after ~$7.8m was returned. The amount is the second highest monthly loss [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":15779,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[44,1252],"class_list":["post-15780","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cybercrime","tag-reports"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/15780","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=15780"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/15780\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/15779"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=15780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=15780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=15780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}