According to PANews, in the first quarter of 2024, the total losses in the Web3 field due to hacker attacks, phishing scams and project parties Rug Pull reached US$778 million, a year-on-year increase of approximately 126% and a month-on-month increase of approximately 72%. Among them, the amount of losses from hacker attacks was higher than in any quarter of 2023. The loss amount in February reached 422 million US dollars, which was the highest loss month in the first quarter. For the first time, the Web3 gaming platform became the project type with the highest loss amount, accounting for 59% of all attack losses. Ethereum continues to be the chain with the highest amount of losses and the most attacks, accounting for 55.4% of the total losses. A total of 13 private key leaks occurred this quarter, with losses reaching US$458 million, accounting for 74.3% of the total attack losses, making it the highest proportion of attack types. Most of the stolen assets have been frozen or recovered, with approximately US$303 million (49.2%) of stolen funds frozen and US$79.45 million (12.9%) of stolen funds recovered. Among the attacked projects, the proportion of audited project parties has increased.
