Map of Security Breaches and Fraud Involving Crypto 2011-2021

Full, detailed analysis of all security breaches and fraudulent activities involving cryptocurrencies over the last 10 years.

Cryptocurrency crime is growing in parallel with cryptocurrency markets. Here you can explore the largest incidents of stolen funds involving cryptocurrencies that have occurred over the last ten years, taking into account the way the incident happened and the volume of funds stolen. Crystal now also includes DeFi protocol exploits in its quarterly report.

Select a time period to see number of incidents and the total volume of funds stolen

Key findings
  • So far, $2.86 billion has been stolen through security breaches, $6.8 billion has been stolen through scams, and $503 million through DeFi hacks.
  • Approximately $10 billion in total worth of cryptocurrencies has been stolen between 2011 and July 2021.
  • The most popular method of crypto-robbery has been the infiltration of crypto-exchange security systems.
  • In 2020–2021 the trend moved to DeFi hacks instead and it continues to grow.
  • There have been 115 security attacks, 40 DeFi protocol exploits, and 26 fraudulent
    schemes.
  • The most common locations for exchange security breaches are the United States, the United Kingdom, South Korea, Japan, and China.
  • Ransomware attacks are also on the rise. The most noticeable attacks were on JBS (paid $11M to REvil ransomware) and Colonial Pipeline (paid $7M to DarkSide).
  • Non-Fungible Tokens (NFTs) have been trending in 2021, with the market capitalization for NFTs having jumped by 1,785% so far in 2021. We have, of course, seen several scams come to light in recent months as a result of this trend. Because these scams take effect on an individual basis - rather than a breach of some exchange, for example — Crystal has not included this trend in our report. The team does, however, continue to monitor NFT dynamics.-
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