According to CoinDesk, crypto analytics platform Dune has introduced a new dashboard aimed at mapping the extent of cybercrime within the cryptocurrency sector. This tool, named the "Hacks, Exploits and Social Engineering Dashboard," documents over 5,500 incidents involving hacks, exploits, and phishing scams across the blockchain ecosystem. It represents one of the most comprehensive efforts to quantify crime in the crypto industry.
The dashboard traces an estimated $2.5 billion stolen from blockchain users since 2016. It compiles data from sources such as Scamsniffer and Forta Network, creating one of the industry's broadest datasets on fraud. Dune, known for its ability to transform blockchain data into accessible, interactive dashboards, aims to enhance transparency and provide open data access to anyone interested in understanding crypto crime patterns, from industry insiders to general users.
Hannah Curtis, Dune’s director of product, emphasized the platform's commitment to making data accessible and open to the community. The dashboard is designed not only to reveal the staggering scale of blockchain crime but also to allow users to trace the movement of stolen assets openly. Unlike many proprietary tools, Dune’s platform is fully open-access, enabling users to examine both the source and methodology of the data.
One of the dashboard's most notable features is its funds flow analysis, which tracks where stolen funds end up after being siphoned from victims. Platforms like Tornado Cash, a crypto mixer sanctioned by U.S. authorities, emerge as major endpoints for these funds. Additionally, decentralized finance (DeFi) protocols such as Sushi, Yearn, and Uniswap are also identified as significant destinations for laundered assets.
Curtis acknowledges that the dashboard’s data likely underestimates the full scope of crypto crime, describing it as a "lower bound" of funds lost. Nonetheless, the comprehensive repository offers blockchain investigators new insights into how stolen funds are funneled through various channels. Curtis noted that exchanges are particularly interested in monitoring such activities to ensure their platforms are not being used for illicit purposes.
