- The largest scheme is Fintoch, where the administration escaped with $31.6 million
- It is noteworthy that the damage from ragpools exceeds the losses from hacks of DeFi projects
- At the same time, there were more successful attacks, as many as 10
- But the total damage from them amounted to only $19.6 million.
There were six loud ragpools last month. The damage from them amounted to about $45 million. The largest is the Fintoch DeFi project, which “disappeared from the radar” on May 24.
We talked about this incident in detail in a separate article. Note that the administration of the project stole $ 31.6 million of user funds. And there have been no new details on this case so far.
Other big ragpools are Inferno Drainer ($5.9M) and Swaprum ($3M). It is noteworthy that the damage from such schemes significantly exceeded the losses of the segment as a result of exploits, informs beosin agency.
In total, there were 10 large and successful attacks on DeFi protocols last month. The total losses amounted to $19.6 million. The largest is the Jimbos hack, the damage from which exceeded $7.5 million.
Beosin also noted an increase in the number of cases of hardware wallets being compromised. Users have been warned about the dangers of using publicly available chargers through which an attacker can inject malware.
Beosin suggested that cybercriminals will gradually mix the attack vector from large participants and protocols to ordinary users. This significantly improves performance, even if it brings less profit.
In this regard, users should pay more attention to compliance with security measures and raise their own awareness in this regard.