KEY POINTS
- The cryptocurrency industry witnessed 191 major attacks in 2023, resulting in losses of around $1.397 billion
- There were 267 instances of 'rug pulls' which led to thefts of around $388 million in cryptocurrencies
- Investors lost approximately $298 million to phishing scams
Cybercriminals managed to steal more than $2 billion in crypto assets in 2023. However, the circumstances were comparatively less severe compared to 2022, as the crypto market witnessed a 50% decline in the value of stolen crypto, a blockchain security firm said in a report.
