Summary:
Some seven protocols suffered crypto hacks as of June 30, 2022.
These protocols were cross-chain bridges and DeFi projects per SlowMist’s report.
Hackers stole north of $1 billion from these security breaches.
More than $2.4 billion from hacks and exploits was deposited into the crypto mixing service Tornado Cash.
This accounts for over 70% of all proceeds from crypto hacks in 2022 so far.
Exchanges lost around $77 million from security-related issues.
The latest crypto report from SlowMist showed that over $1 billion was stolen from decentralized finance (DeFi) protocols and cross-chain bridges in several security breaches over the first half of 2022.
According to the blockchain analytics firm, the figure stood at $1.043 billion as of June 30, 2022.
The report noted that these crypto hack proceeds were drained from seven cross-chain bridge protocols that experienced security issues and exploits between January and June. March’s $600 million hack on the Ronin network, one...
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