The blockchain security company – PeckShield – outlined that wrongdoers siphoned $211.5 million worth of cryptocurrencies last month via 26 attacks.
The Euler Finance exploit accounted for the bigger part of the amount after hackers stole $197 million in staked ETH, USDC, wrapped BTC, and DAI.
The revival of the cryptocurrency market last month and the rising prices of many digital assets seemed like great news for investors and proponents of the industry. However, that momentum coincided with an increase in hacking attacks.
As revealed by PeckShield, cyber criminals drained more than $211 million worth of crypto in March, a significant increase compared to the $35.3 million lost in February.
(by Dimitar Dzhondzhorov)
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