💰💔 Crypto hacks bring criminals $39 million in January!
Quantstamp identified the five smart contract protocols with the largest losses, totaling losses of 38.9 million. The hacks include attacks on Gamma Strategies, Radiant Capital, Socket, Goledo Finance and Wise Lending. 🤯🔒
1️⃣ Gamma Strategies lost $6.1 million due to an error in the term loan code. However, the recovery plan was supported and the threat of $500,000 in ETH was minimized.
2️⃣ Radiant Capital lost $4.5 million due to a market exploit, but user funds were protected and the protocol resumed operation.
3️⃣ Socket hacked for $4 million due to user input verification vulnerability, but recovered $2.3 million and refunded users.
4️⃣ Goledo Finance suffered a Gamma-like attack with a loss of 1.7 million. Negotiations are underway regarding a reward for the return of funds.
5️⃣ Wise Lending lost $460,000 due to a flash loan attack by manipulating the price oracle.
Be vigilant and protect your crypto assets! 🚨🔐 How do you take steps to ensure the safety of your crypto funds? 💬🛡️ #Криптовалюты #Кибербезопасность #Финансы