{"id":65304,"date":"2022-08-03T18:53:22","date_gmt":"2022-08-03T15:53:22","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=65304"},"modified":"2025-09-06T19:12:01","modified_gmt":"2025-09-06T16:12:01","slug":"chainalysis-estimates-2bn-in-losses-from-cross-chain-protocol-hacks-so-far-this-year","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/chainalysis-estimates-2bn-in-losses-from-cross-chain-protocol-hacks-so-far-this-year\/","title":{"rendered":"Chainalysis estimates $2bn in losses from cross-chain protocol hacks so far this year."},"content":{"rendered":"<p>The amount of stolen funds from 13 attacks on cross-chain protocols since the start of the year has reached $2 billion, according to Chainalysis.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Following last night\u2019s exploit of the Nomad Bridge, an estimated $2B has been stolen from cross-chain bridges so far in 2022. Read our blog to learn what makes these protocols vulnerable and what the industry can do about it. <a href=\"https:\/\/t.co\/WLo62H6NFe\">https:\/\/t.co\/WLo62H6NFe<\/a> <a href=\"https:\/\/t.co\/CZRnqrPikh\">pic.twitter.com\/CZRnqrPikh<\/a><\/p>\n<p>\u2014 Chainalysis (@chainalysis) <a href=\"https:\/\/twitter.com\/chainalysis\/status\/1554504332585959424?ref_src=twsrc%5Etfw\">August 2, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Bridge attacks accounted for 69% of all funds stolen by criminals in 2022.<\/p>\n<p>The latest such incident was<a href=\"https:\/\/forklog.news\/slowmist-hakery-vyveli-90-mln-v-krosschejn-protokola-nomad\/\"> \u0432\u0437\u043b\u043e\u043c 2 \u0430\u0432\u0433\u0443\u0441\u0442\u0430 \u043f\u0440\u043e\u0442\u043e\u043a\u043e\u043b\u0430 Nomad<\/a> in the Evmos ecosystem.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>As the value transferred through cross-chain protocols increases, they become more attractive to hackers. This poses a serious threat to strengthening trust in blockchain technology<\/em>, \u2014 the experts said.<\/p>\n<\/blockquote>\n<p>Analysts noted that groups linked to North Korea are involved as well. As a result, they gained control of assets worth $1 billion, including as a result of<a href=\"https:\/\/forklog.news\/ethereum-adres-gruppirovki-lazarus-popal-pod-sanktsii-ssha-hakerov-svyazyvayut-s-atakoj-na-ronin\/\"> \u0430\u0442\u0430\u043a \u043d\u0430 \u043c\u043e\u0441\u0442\u044b<\/a>.<\/p>\n<p>Experts stressed that the design of cross-chain protocols remains a technical problem. In their view, the solution could be an extremely strict code audit. This would, over time, enable the creation of a library of reliable and secure smart contracts that would become templates for other developers.<\/p>\n<p>Earlier, Chainalysis<a href=\"https:\/\/forklog.news\/chainalysis-zapustila-goryachuyu-liniyu-dlya-zhertv-kriptovalyutnyh-prestuplenij\/\"> \u0437\u0430\u043f\u0443\u0441\u0442\u0438\u043b\u0430<\/a> \u0433\u043e\u0440\u044f\u0447\u0443\u044e \u043b\u0438\u043d\u0438\u044e \u0434\u043b\u044f \u0436\u0435\u0440\u0442\u0432 \u043a\u0440\u0438\u043f\u0442\u043e\u0432\u0430\u043b\u044e\u0442\u043d\u044b\u0445 \u043f\u0440\u0435\u0441\u0442\u0443\u043f\u043b\u0435\u043d\u0438\u0439.<\/p>\n<p>In June, unknown <a href=\"https:\/\/forklog.news\/haker-ukral-okolo-100-mln-v-hode-ataki-na-krosschejn-most-harmony\/\">\u0432\u0437\u043b\u043e\u043c\u0430\u043b\u0438<\/a> the Harmony cross-chain protocol Horizon. The losses were about $100 million.<\/p>\n<p>Ethereum founder Vitalik Buterin previously stated that he is \u201cpessimistic\u201d about bridges. In his view, the latest are vulnerable to 51% attacks.<\/p>\n<p>For more on what cross-chain bridges are, read in <a href=\"https:\/\/u1f987.com\/en\/news\/what-are-cross-chain-bridges\">educational cards<\/a> ForkLog.<\/p>\n<p>Read ForkLog\u2019s Bitcoin news on our <a href=\"\/\/telegram.me\/forklog\u201d\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The amount of stolen funds from 13 cross-chain protocol attacks since the start of the year has reached $2bn, according to Chainalysis.<\/p>\n","protected":false},"author":1,"featured_media":65305,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[274,1154,1210],"class_list":["post-65304","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-chainalysis","tag-crimes","tag-cross-chain-protocols"],"aioseo_notices":[],"amp_enabled":true,"views":"24","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/65304","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=65304"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/65304\/revisions"}],"predecessor-version":[{"id":65306,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/65304\/revisions\/65306"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/65305"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=65304"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=65304"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=65304"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}