Crypto exploit losses fell nearly 93% year on year in January. In January, approximately $8.8 million was lost to crypto exploits, a significant decrease from this time last year. During the month, there were 24 exploits, with $2.6 million in cryptocurrency sent to mixers.
Crypto-exploit losses in January were 68% lower than in December when $62 million in cryptocurrency was stolen. According to DeFi Yield’s Rekt database, January’s losses include a $2.6 million rug pull on the FCS BNB Chain token.
Crypto exploit losses in January see nearly 93% year-on-year decline