However, blockchain hacks have evolved over the years as well. Since blockchain technology was first invented in 2009, it has gone through many stages - from the introduction of the first cryptocurrency Bitcoin to smart contract creation to the initial coin offering craze and beyond. Blockchain-related hacks are on the decline Ethereum based tokens are tokens designed and used solely on the Ethereum blockchain. Hackers looted $1.14 billion from just 8 breaches collecting approximately $143,196,250 per breach.
Founded in 2017, Tron is a blockchain-based decentralized platform with a goal to build a free, global digital content sharing system.įinally, Ethereum-based tokens had the least amount of successful hacks. Tron DApps are applications based on the Tron protocol. Cybercriminals launched 21 successful TronDApp attacks stealing $1.22 million or around $58,301.64 per breach. Tron DApps have also been targeted by hackers. Among targeted blockchains are Bitcoin Gold and Litecoin Cash. Together criminals made $45.8 million from blockchain hacks - $1,635,716.23 per attack. Since 2012, there have been 28 successful attacks aimed at different blockchains. Launched in 2015, Ethereum is the second most valuable blockchain project by market capitalization and one of the most well-known to the public after Bitcoin.īlockchains themselves have not avoided cyber breaches. Similarly to EOS DApps, ETH DApps are decentralized web applications backed by Ethereum smart contracts. There were 33 successful hacks aimed at ETH Dapps, which cost victims $364.38 million - approximately $11,041,895.68 per hack. Over the past 8 years, blockchain wallet providers faced 36 hacks, which together amounted to $7.19 billion in losses or around $199,932,146.7 per breach.Ī blockchain wallet is a digital wallet where users can store and manage their cryptocurrencies.īlockchain wallets are closely followed by Ethereum (ETH) Dapps in terms of the number of breaches. While there were significantly less successful hacks aimed at blockchain wallets, such breaches were the most profitable. In total, hackers launched 87 successful attacks aimed at crypto exchanges, collectively netting $4.82 billion or a whopping $55.41 million per hack.Ĭryptocurrency exchanges are businesses which provide crypto holders with an opportunity to exchange their cryptos to other assets. Next up are hacks aimed at cryptocurrency exchanges. Founded in 2017, EOS smart contract platform was created to provide a user-friendly and business-friendly infrastructure for creating DApps. Together they amounted to $28.28 million in losses or approximately $241,785.8 per single breach.ĮOS DApps are decentralized applications based on the EOS blockchain. EOS DApp providers faced 117 breaches, which make up almost 36% of all blockchain-related breaches. Most successful in terms of the number of breaches were hacks targeting EOS DApps. However, it has many other applications as well. Blockchain is primarily used for recording transactions made with cryptocurrencies, such as Bitcoin. According to data analyzed by the Atlas VPN team, over a lifetime, hackers stole $13.6 billion through 330 blockchain hacks.īlockchain is a distributed ledger technology that allows data to be stored on thousands of servers worldwide while allowing anyone on the network to see everyone else's entries in near real-time.
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