According to TRM, in 2023, cryptocurrency hacks decreased by over 50%, with cybercriminals stealing around $1.7bn compared to nearly $4bn in 2022.
⚫The number of attacks remained stable, but the value of stolen assets dropped
⚫Infrastructure attacks accounted for nearly 60% of the total stolen amount, averaging almost $30m per incident
⚫The decline is attributed to enhanced industry security, increased law enforcement actions, and improved industry coordination.
