Overall, the crypto market witnessed a bear market through Q4 2022. Despite the bear market, attacks against the crypto ecosystem were still active. Crypto assets worth around US$587.57 million were exploited from October 2022 to December 2022. Fairyproof studied 101 publicly reported security incidents that occurred in Q4 2022. This report is composed of findings, analysis and best practices of these incidents.

From 19 December to 25 December, 2022, 8 notable security incidents have occurred in the past week. Seven of them were attacks on smart contracts and social media and one was suspected to be a rug-pull.