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Blockchain Security Alliance Q3 2022 Blockchain Security Report

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1  Q3 2022 Blockchain Security Overview

A total of 37 major exploits were monitored, with a total loss of approximately $405 million

In the third quarter of 2022, Beosin EagleEye monitored over 37 major attacks in the Web3 space, with total losses of approximately $405 million, down approximately 43.6% from $718.34 million in Q2 2022 and a decrease of 59.6% from the loss of $1,002.58 million in Q3 2021.

From January to September 2022, assets lost in the Web3 space due to attacks totaled $2,317.91 million.

Q over/on Q growths
Q over/on Q growths

In terms of each month, July saw a significant decrease in attacks, making it the least loss amount from attacks since 2022. Hacker activity increased significantly in August and September.

In terms of the project types, 92% of the amount lost came from cross-chain bridges and DeFi protocols. 22 of the 37 attacks occurred in the DeFi space.

In terms of TVL, after a sharp drop in TVL from May to June, the trend of TVL of each chain tended to be stable this quarter. Late July to early August showed a slight upward trend in TVL, which was also the period with the…

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