November was the month for crypto hackers: $300M crypto theft

In November of this year multiple hacking incidents took place and the majority of the hacking attacks targeted the HTX crypto exchange empire.

In the last 20 days, the crypto sector saw 5 major crypto hacking attacks and in those attacks, hackers grabbed more than $290 million worth of crypto assets. So far investigations are going to find the exact amount of fund loss in these attacks.

On 19 Nov 2023, Kronos Research revealed that an unauthorised entity accessed some of its API keys. In that incident, hackers drained $25 million worth of crypto assets.

KronosResearch was attacked and lost ~$25.65M, including 24.57M $USDT, 488.7 $ETH($959K) and 125,056 $USDC.

24.57M $USDT was swapped to 12,457 $ETH and 125,056 $USDC was swapped to 63.6 $ETH.

All 13,010 $ETH was transferred to 7 wallets, of which 1 $ETH to #ChangeNOW. pic.twitter.com/FztcM8YZHS

— Lookonchain (@lookonchain) November 19, 2023

On 23 Nov, the KyberSwap Defi exchange was exploited by an unknown hacker. That hacker drained nearly $47 million worth of crypto assets. 

KyberSwap was exploited for ~$46.5M assets!

Including:
10,049 $WETH($20.78M)
4,017 $wstETH($9.53M)
3.98M $ARB($4.1M)
…

This exploiter deposited $USDC to #Aave and provided liquidity on #Uniswap.

And willing to negotiate with the #KyberSwap team.https://t.co/BjnRYVWz8z pic.twitter.com/hWVQINWHK6

— Lookonchain (@lookonchain) November 23, 2023

On 10 Nov, Poloniex crypto exchange faced a hack attack & lost nearly $118 million worth of crypto assets. 

Poloniex Hacker stole a total of ~$118M assets on #Ethereum and #Tron 2 hours ago.

Including:
32.7M $USDT
443 $BTC($16.5M)
6,103 $ETH($12.7M)
6.75M $USDC
577B $SHIB($4.74M)
25.5T $ELON($4.15M)
3.65M $USDD
197.7M $OX($2.67M)
… #PoloniexHackerhttps://t.co/I3gBm9XJwQ pic.twitter.com/cFayIJCOOd

— Lookonchain (@lookonchain) November 10, 2023

On 22 Nov, the Heco chain bridge was attacked by an unknown hacker. With that hack attack, the hacker drained nearly $87 million worth of cryptocurrencies.

Our initial analysis indicates the suspicious $86.6m outflow from @HECO_Chain #bridge was from a compromised operator, which was operational since 2022-10-08:

Will this be connected w/ earlier $125m @Poloniex incident?

Example outflow tx: https://t.co/IhN9PW797v
Operator:… https://t.co/wRIZoYTMus pic.twitter.com/hnGfnsN7sa

— PeckShield Inc. (@peckshield) November 22, 2023

On 23 Nov, HTX crypto exchange’s hot crypto wallets were attacked. The attacker drained nearly $14 million worth of crypto assets. While some investigations claimed that the exchange lost nearly $30 million worth of crypto assets.

UPDATECurrently, we have identified three hot wallets belonging to @HTX_Global that have been impacted by today's incident.

Furthermore, the hot wallet at https://t.co/baitUaGa4i is affected, containing 4.25M $KOK and 2.19M $ARIX.

The total estimated loss is $13.6M.… https://t.co/68psfCztqs pic.twitter.com/d3cNgf7CXE

— Cyvers Alerts (@CyversAlerts) November 22, 2023

In all these hack incidents, hackers drained nearly $300 million worth of crypto assets in only 20 days which is a very big tension for the future of this innovative sector. Notebely HTX, Heco chain, and Poloniex are part of the crypto empire under the leadership & ownership of popular Chinese crypto entrepreneur Justin Sun.

Is November Hacker Month?

In just 20 days, 5 major hacks occurred, with funds exceeding $290M. pic.twitter.com/e5rTf0apFD

— Lookonchain (@lookonchain) November 23, 2023

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