November most ‘damaging’ month in 2023 as thieves pilfer $363M in crypto

The cryptocurrency industry has now seen its most “damaging” month for crypto thievery, scams, and exploits, with crypto criminals walking away with $363 million in November, according to a blockchain security firm.

Around $316.4 million came from exploits alone, flash loans inflicted $45.5 million in damage, and $1.1 million was lost to various exit scams, CertiK stated in a Nov. 30 X (formerly Twitter) post.

#CertiKStatsAlert

Combining all the incidents in November we’ve confirmed ~$363M lost to exploits, hacks and scams

This makes November the most damaging month this year

Exit scams were ~$1.1M

Flash loans were ~$45.5M

Exploits were ~$316.4M

See more details below …

Read more on Cointelegraph

43.9K Reads