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How much did the Ethereum ecosystem lose to crypto-hacks in Q3
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While the crypto-sector has seen exponential growth over the last few years, blockchain-related cyber crimes have also hiked. Cyber security issues and exploitation by hackers have been a major concern across the globe, and the rising frequency of it only adds fuel to the fire.
A recent report compiled by Atlas VPN found that the third quarter of 2021 reportedly noted over $1.1 billion in stolen cryptocurrencies. What’s more, the Ethereum ecosystem paid the maximum price for this at over $800 million.
Besides incurring massive financial losses, the Ethereum network was also targeted the maximum number of times, 20 to be precise.
The most significant hack on the network during this time was the Poly Network heist, one which saw the hacker run
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