It’s Been a Minute. Guess How Much Crypto’s Been Stolen Lately?

Cryptocurrencies haven’t been doing so scorching currently. The final three or 4 months have seen prices plummet, and the overall outlook for crypto bros (and gals) has been grim. But crypto’s merciless summer time and the instability that’s include it haven’t modified the truth that fraud, theft, and monetary mayhem are nonetheless going sturdy within the web3 world!

Approximately 4 months in the past, we did a roundup of the most important crypto heists of the yr. At that time, in early May, a bit of over a billion {dollars} had already been stolen in varied hacking incidents. We stated then that we would do one other slideshow 4 months later or “every billion stolen dollars.”

We had been joking, in fact, however, alas, right here we’re—4 months later—and issues haven’t a lot improved. That’s why we’ve determined to stay to our phrase. The scams and heists listed under contain some $2 billion in stolen crypto, however a few of them are the results of years of pilfering that solely not too long ago got here to a head. Here’s a fast have a look at a number of the greatest and weirdest crypto thefts of the summer time.