Cryptocurrency users lost a total of $303 million in digital assets in July as a result of exploits and hacker attacks.
According to CertiK experts, in terms of the amount of damage, the largest-scale incident in the outgoing month was the withdrawal of funds from cross-chain protocol Multichain as a result of technical problems. The project lost, according to CertiK, around $125 million in various assets.
Another major attack was on the stablecoins pools of DEX Curve Finance by exploiting a vulnerability in the Vyper code. The exchange lost about $52 million in digital assets.
The abuse of instant lending in July brought cybercriminals around $8.7 million. An example of such an attack was the incident with the Conic Finance protocol, from which attackers withdrew 1,700 ETH or $3.26 million.
The damage from the exit scams amounted to around $8.6 million.