September 2023 Marks Record-High Crypto Exploits with $329 Million Stolen: Report
On September 30, CertiK confirmed that a total of approximately $332 million had been lost to various exploits, hacks, and scams throughout September.
September 2023 has emerged as the most concerning month for crypto-related exploits, as reported by CertiK. In September, the crypto space witnessed various types of incidents. Exit scams accounted for around $1.9 million in losses, while flash loans led to losses of approximately $400,000. The most significant contributor to the month's total, however, was exploits, which amounted to roughly $329.8 million in losses.
One notable event was the Mixin Network attack on September 23. The Hong Kong-based decentralized cross-chain transfer protocol suffered a substantial breach, resulting in a loss of $200 million due to a breach of its cloud service provider.
Another major incident occurred on September 12, when CoinEx, a cryptocurrency exchange, experienced a suspected attack following a substantial outflow from four of its hot wallets. This breach led to losses exceeding $53.1 million across the hot wallets.
Additionally, on September 4, stake.com experienced an attack resulting in a loss of $41 million. During this incident, different cryptocurrencies worth that amount were received by an account before being distributed to multiple addresses.
September also saw several other major incidents in the crypto space. A phishing incident resulted in a loss of $24.2 million, while HTX Global experienced a loss of $7.9 million. Additionally, entrepreneur Mark Cuban reported a personal loss of $900,000 during the month.
In August, losses amounted to $45 million in digital assets, bringing the year-to-date total to $997 million. Notably, July was the second-highest month for exploit
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