CertiK data found that $62.2M was lost due to crypto hackers in December. The last month of the year recorded the lowest monthly figure in 2022.
The platform confirmed that year-to-date losses exceeded $3.76B.
The Biggest Crypto Hacks of December
According to the platform helio protocol violation Last month was the biggest event with losses of $15M. Helio Protocol created HAY, a “volatile currency” that uses BNB as collateral. The highly collateralized property boasts a 7% yield.
The attacker exploited the Anker protocol by converting Anker Reward Bearing Staked BNB (ABNBC) to hBNB and staking it in the Helio protocol. Then, they lent lakhs to BHAY0 in exchange for HAY0. Hay fell to $0.40 after the exploit, but has since regained its peg to the dollar after buybacks and burnout from the development team.
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