Since the arrival of cryptocurrencies, it caught worldwide eyeballs from being proposed as an alternative currency and digital m...

The Global Crypto Heist Report – A Decade of Billion-Dollar Crypto Hacks (2011-2023)


Since the arrival of cryptocurrencies, it caught worldwide eyeballs from being proposed as an alternative currency and digital money to becoming one of the lucrative investment choices.

Apart from regular users, it also caught the eyeballs of hackers and cyber attackers. As a result, several crypto exchanges, crypto companies, blockchain networks, and others face crypto hack attacks from time to time.

So, how many crypto hacks usually occur in a year? How much amount has been lost to crypto hacks? What are the popular types of hacks?

Let’s find out all these in this mega crypto hacks report:

Key Insights and Stats
In 2023 alone, $1.89 billion was lost in 297 crypto hack attacks. That is $289K lost every hour due to crypto hacks this year.
In 2022, crypto hacks reached an all-time high of $3.5 Billion stolen in 284 heist incidents.

Since 2011 to till date, Crypto companies and exchanges have lost a total amount of $12.36 billion in 1207 incidents.

Since 2011, about 192 crypto exchanges have been hacked and lost $3.80 billion in total.

2018 was the worst for crypto exchanges as they collectively lost $1.1 Billion to hacking and theft incidents.

There is also a significant rise in DeFi or decentralized finance hacks – the number stands at 93 and 76 for 2022 & 2023, respectively, leading to a collective loss of $1.12 billion.

Talking about lost Bitcoin and Ethereum, since 2011, there has been a total loss of 1,454,762 BTC and 1,175,082 ETH to different hacks. If you look at these numbers from today’s BTC & ETH price points, the numbers will stand at $40.27 billion and $1.93 billion, respectively. 

Contract vulnerability and flash loan attacks are two common hacks, leading to a cumulative loss of $2.75 billion since 2011.

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