A study has revealed that in the third quarter of 2023, there were a total of 117 hacks, resulting in the theft of $720 million. These attacks included access control breaches, reentrancy
#exploits , and rug pulls. Notably, while the losses stemming from rug-pull incidents amounted to $49.80 million, they were considerably lower than the $449 million lost due to access control breaches and reentrancy attacks. However, the study data indicates that
#rugpull incidents were the most common type of
#cyberattack during this period.