According to Atlas VPN, hackers targeting the crypto industry stole $1.97 billion from 175 projects that were hacked in the first half of 2022.

The Ethereum ecosystem has been hardest hit, with losses exceeding $1 billion in 32 events. The biggest hack was the Ronin sidechain featured in the NFT game Axie Infinity. The attackers withdrew approximately $625 million worth of assets from the project’s cross-chain bridge.

The Solana network took the second place in the list with related projects. Hackers stole $383.9 million in just five attacks. In this case, the bulk of the damage fell on the Wormhole cross-chain protocol – over $319 million.

Next comes the BNB Chain ecosystem (formerly Binance Smart Chain) with a loss of $141.4 million. In the last six months, hackers have carried out the most attacks on their project – 47.

In January, attackers withdrew nearly $80 million worth of digital assets from the Qubit Finance DeFi platform based on the BNB Chain.

In the last six months, NFT projects have brought in $84.6 million to attackers as a result of 45 incidents, and the Phantom ecosystem has lost $54.8 million from just eight attacks.

Analysts noted that over the past two years, the number of attacks on crypto projects has increased linearly almost every quarter. In the first half of 2022, the number of such events has almost doubled compared to the same period of the previous year.

The number of cybercrimes increased by 22% from the first quarter to the second quarter. The most attacks occurred in May – 37 hacks and scams.

Recall that on July 1, Quixotic, the largest NFT marketplace in the Optimism L2 solution ecosystem, fell victim to a hacker attack.

On July 3, the attackers withdrew nearly $6 million worth of digital assets from the liquidity pools of Crema Finance, the DeFi protocol based on Solana.

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