In July, the evil actors and fraudsters stole at least $ 142 million from cryptocurrency space in 17 separate attacks, and the employ of Cindcx cryptocurrencies is the most significant loss.

Total monthly losses constituted an augment of 27% compared to $ 111 million in June, security company Blockchain Peckkshield he said In post X on Friday.

However, this is still a 46% decrease compared to the same time last year, when the hackers were taken $ 266 million, and the violation of Crypto Exchange Wazirx Indians took $ 230 million at that time.

Peckkshield said that the attacker who used the decentralized GMX exchange for $ 40 million in Krypto on July 11, the second largest hack for a month, returned a few days later stolen funds.

Cindcx hackers the largest in July

The Indian exchange of Cindcx cryptocurrencies was hacked on July 18 for $ 44 million, in what the Sumit Gupta CEO said, was “a sophisticated violation of the server.” The Cindcx employee was arrested on Thursday in connection with the incident.

Just a few days earlier, on July 16, Crypto Exchange Bigone suffered a third -party pages attack on the infrastructure of a heated portfolio, which caused a loss of at least $ 27 million.

In the top three in July there was a Woo X cryptographic trade platform, which was violated by a phishing attack on July 24, which meant that at least $ 14 million.

Access to the device of a Woo X team member

Rob Behnke, president of Blockchain Security Halborn, he said In the report on Tuesday, that bad actors responsible for Woo X Hack used social engineering to aim at one of the members of the company team and access their devices.

“In this case, the attacker used social engineering to threaten the computer member of the team. From there, they could move to the programming environment and use trust in the system to drain user accounts,” he said.

“The attacker successfully carried out many malicious transactions within two hours before suspicious activity was noticed and the platform turned off.”

The funds have been stolen on many chains, including Bitcoin (BTC), Ether (ETH), BNB (BNB) and Arbitrum (ARB).

The bills that the incident received, later they were recorded from the company’s treasury.

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Hackers attacking offchain systems

According to Behnke, among hackers among hackers among hackers among hackers to focus offchain systems on high value hacks.

“Instead of looking for the vulnerabilities of intelligent contracts that can be identified and dealt with intelligent control of the contract security, the attackers are looking for weaknesses in infrastructure and background processes,” he said.

“As DEFI hackers become more sophisticated and more and more focused on facilities and infrastructure, projects must have strong safety controls and processes to alleviate these threats.”

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