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Cybersecurity firm CertiK reported that as of August, over $997 million was lost to flash loan attacks, exit scams and exploits in 2023.
Malicious actors targeting the crypto space have taken more than $45 million in digital assets from their victims in the month of August alone and a total of $997 million year-to-date (YTD), according to a report shared by the blockchain security firm CertiK.
In the report, CertiK highlighted that exit scams took around $26 million, flash loan attacks took $6.4 million and exploits took $13.5 million from their victims in August 2023. The cybersecurity firm confirmed that the total losses amounted to over $45 million.
CertiK pointed out that some of the major incidents that contributed to the amount lost include the Zunami Protocol attack, which led to $2.2 million in losses; the Exactly Protocol exploit, which took $7.3 million; and the PEPE withdrawal incident, which led to $13.2 million in losses.
According to CertiK, more than $997 million has been lost to exploits, hacks and scams in 2023 so far. This includes around $261 million lost to flash loan attacks, over $137 million lost to exit scams and more than $596 million lost to exploits.