{"id":248278,"date":"2022-07-15T09:10:57","date_gmt":"2022-07-15T08:10:57","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=248278"},"modified":"2022-07-15T05:09:11","modified_gmt":"2022-07-15T04:09:11","slug":"q2-2022-web3-security-report-48-major-exploits-718-34m-lost-beosin-footprint-analytics","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/q2-2022-web3-security-report-48-major-exploits-718-34m-lost-beosin-footprint-analytics\/","title":{"rendered":"Q2 2022 Web3 Security Report: 48 Major Exploits, $718.34M Lost | Beosin &amp; Footprint Analytics"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">In the second quarter of 2022, 48 major attacks were monitored in the Web3 space, with total losses of approximately $718.34 million, down approximately 40 percent from $1.2 billion in the first quarter and approximately 2.42 times the losses in Q1 2021 ($296.56 million).<\/span><\/p>\n<p><b>Click here to download <\/b><a href=\"https:\/\/footprint.cool\/Fc7Q\"><b>the full Q2 web3 security report<\/b><\/a><b>, or read the summary below.\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">From January to June 2022, assets lost in the Web3 space due to attacks totaled $1,912.87 million.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-248280 aligncenter\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/2-2.png\" alt=\"\" width=\"594\" height=\"337\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/2-2.png 594w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/2-2-300x170.png 300w\" sizes=\"(max-width: 594px) 100vw, 594px\" \/><\/p>\n<h2><b>Key takeaways<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">April was the most active month for hacking. May saw a significant decrease in the number of attacks and losses; hacking activity increased in June.<\/span><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-248281 aligncenter\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/3-2.png\" alt=\"\" width=\"919\" height=\"483\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/3-2.png 919w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/3-2-300x158.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/3-2-768x404.png 768w\" sizes=\"(max-width: 919px) 100vw, 919px\" \/><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">By project type, DeFi continues to have the greatest rekt frequency; approximately 79.2% of attacks occur in the DeFi domain.<\/span><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-248282 aligncenter\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/4-2.png\" alt=\"\" width=\"804\" height=\"433\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/4-2.png 804w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/4-2-300x162.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/4-2-768x414.png 768w\" sizes=\"(max-width: 804px) 100vw, 804px\" \/><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">All chains and attacked projects saw a significant decrease in TVL values in May. Most projects experienced a decrease in TVL immediately after they were attacked.<\/span><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-248283 aligncenter\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/5-1.png\" alt=\"\" width=\"1200\" height=\"630\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/5-1.png 1200w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/5-1-300x158.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/5-1-1024x538.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/5-1-768x403.png 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">By chain, the greatest loss this quarter was on Ethereum, $381.35 million. The most frequently attacked chain was the BNB Chain, with 26 exploits.<\/span><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-248284 aligncenter\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/6-1.png\" alt=\"\" width=\"1147\" height=\"488\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/6-1.png 1147w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/6-1-300x128.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/6-1-1024x436.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/6-1-768x327.png 768w\" sizes=\"(max-width: 1147px) 100vw, 1147px\" \/><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The most common hacking techniques continue to be contract vulnerability exploitation and flash loans. Approximately 45.8% of attacks were contract exploits. The greatest losses were caused by flash loans, totaling $233 million.<\/span><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-248285 aligncenter\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/7-1.png\" alt=\"\" width=\"1203\" height=\"503\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/7-1.png 1203w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/7-1-300x125.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/7-1-1024x428.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/7-1-768x321.png 768w\" sizes=\"(max-width: 1203px) 100vw, 1203px\" \/><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Approximately $418.89 million in stolen funds were transferred to Tornado.cash by hackers, representing 58.3% of the total amount stolen during the quarter.<\/span><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-248286 aligncenter\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/8.png\" alt=\"\" width=\"808\" height=\"469\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/8.png 808w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/8-300x174.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/8-768x446.png 768w\" sizes=\"(max-width: 808px) 100vw, 808px\" \/><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Only 52% of the attacked projects were audited.<\/span><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-248287 aligncenter\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/9.png\" alt=\"\" width=\"1162\" height=\"517\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/9.png 1162w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/9-300x133.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/9-1024x456.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/9-768x342.png 768w\" sizes=\"(max-width: 1162px) 100vw, 1162px\" \/><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Forty-three major rug pull incidents on the chain were monitored this quarter, with total losses of approximately $34,266,402. From incomplete statistics, Discord servers were hacked more than 151 times. Rug pull and phishing security incidents were frequent in May and June.<\/span><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-248288 alignnone\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/10.png\" alt=\"\" width=\"912\" height=\"466\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/10.png 912w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/10-300x153.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/10-768x392.png 768w\" sizes=\"(max-width: 912px) 100vw, 912px\" \/><br \/>\n<b>All charts and graphs in this report can be viewed at:<\/b><\/p>\n<p><a href=\"https:\/\/www.footprint.network\/@Beosin\/Footprint-Beosin-Q2-Report\"><span style=\"font-weight: 400;\">https:\/\/www.footprint.network\/@Beosin\/Footprint-Beosin-Q2-Report<\/span><\/a><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<h2><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-248289 aligncenter\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/11.png\" alt=\"\" width=\"1266\" height=\"587\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/11.png 1266w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/11-300x139.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/11-1024x475.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/11-768x356.png 768w\" sizes=\"(max-width: 1266px) 100vw, 1266px\" \/><b>Summary<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">DeFi security remained a focus of concern in Q2 2022, with approximately 79.2% of attacks occurring in the Defi space. For two consecutive quarters, DeFi has been the focus of hacker attacks. Although NFT, cross-chain bridges, and exchange security incidents are not as frequent as DeFi incidents, several incidents involved large losses. Web3 projects of all types should strengthen security.<br \/>\n<\/span><\/p>\n<h2>What is Footprint Analytics?<\/h2>\n<p>Footprint Analytics is an all-in-one analysis platform to visualize blockchain data and discover insights. It cleans and integrates on-chain data so users of any experience level can quickly start researching tokens, projects and protocols. With over a thousand dashboard templates plus a drag-and-drop interface, anyone can build their own customized charts in minutes. Uncover blockchain data and invest smarter with Footprint.<\/p>\n<ul>\n<li><a href=\"https:\/\/www.footprint.network\/?cnl=cryptoslate\">Footprint Website<\/a><\/li>\n<li><a href=\"https:\/\/discord.gg\/3HYaR6USM7\">Discord<\/a><\/li>\n<li><a href=\"https:\/\/twitter.com\/Footprint_DeFi\">Twitter<\/a><\/li>\n<li><a href=\"https:\/\/t.me\/joinchat\/4-ocuURAr2thODFh\">Telegram<\/a><\/li>\n<li><a href=\"https:\/\/www.youtube.com\/channel\/UCKwZbKyuhWveetGhZcNtSTg\">YouTube<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>In the second quarter of 2022, 48 major attacks were monitored in the Web3 space, with total losses of approximately $718.34 million, down approximately 40 percent from $1.2 billion in the first quarter and approximately 2.42 times the losses in Q1 2021 ($296.56 million). Click here to download the full Q2 web3 security report, or [&hellip;]<\/p>\n","protected":false},"author":828,"featured_media":248290,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[120,46940,16041,77252],"tags":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Q2 2022 Web3 Security Report: 48 Major Exploits, $718.34M Lost | Beosin &amp; Footprint Analytics<\/title>\n<meta name=\"description\" content=\"Total losses in Q2 reach $718.34 million, down approximately 40 percent from $1.2 billion in Q1\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/q2-2022-web3-security-report-48-major-exploits-718-34m-lost-beosin-footprint-analytics\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Q2 2022 Web3 Security Report: 48 Major Exploits, $718.34M Lost | Beosin &amp; Footprint Analytics\" \/>\n<meta property=\"og:description\" content=\"Total losses in Q2 reach $718.34 million, down approximately 40 percent from $1.2 billion in Q1\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/q2-2022-web3-security-report-48-major-exploits-718-34m-lost-beosin-footprint-analytics\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/FootprintAnalytics\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-15T08:10:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-07-15T04:09:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/image-8.png\" \/>\n\t<meta property=\"og:image:width\" content=\"970\" \/>\n\t<meta property=\"og:image:height\" content=\"594\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Footprint Analytics\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Footprint Analytics\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Footprint Analytics\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/q2-2022-web3-security-report-48-major-exploits-718-34m-lost-beosin-footprint-analytics\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/q2-2022-web3-security-report-48-major-exploits-718-34m-lost-beosin-footprint-analytics\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/footprint-analytics\/#person\",\"name\":\"Footprint Analytics\",\"url\":\"https:\/\/cryptoslate.com\/author\/footprint-analytics\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/footprint-analytics\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/footprint-analytics\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/10\/footprint-logo-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/10\/footprint-logo-300x300.jpg\",\"caption\":\"Footprint Analytics\"},\"description\":\"Footprint Analytics provides API and visualization tools to uncover and visualize data across the blockchain, including NFT and GameFi data. 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