Log in
For business
KYT office
Compliance solution to monitor risks, detect sanctions and ensure AML rules.
KYT office
Compliance solution to monitor risks, detect sanctions and ensure AML rules.
AML certification
How industry players can get up-to-date knowledge and professional certification.
AML certification
How industry players can get up-to-date knowledge and professional certification.
Comprehensive transaction analytics that helps to build graphs and trace funds.
Graph
Travel rule
(soon)
For personal use
Telegram bot
Bot for checking crypto for risks, providing AML reports.
Telegram bot
Bot for checking crypto for risks, providing AML reports.
Getting money back
Services are focused on tracking
and recovering crypto assets.
Getting money back
Services are focused on tracking
and recovering crypto assets.
Docs and reports
All types of documents related
to cryptocurrency.
Docs and reports
All types of documents related
to cryptocurrency.
Portfolio tracker
Information about all assets and risk assessment in one place.
Portfolio tracker
Information about all assets and risk assessment in one place.
AML checks
Сhecking wallets and transactions
for illicit funds.
AML checks
Сhecking wallets and transactions
for illicit funds.
Events
(soon)
ES
FR
中文
Вход
AML-сертификация
Актуальные знания в области AML/KYT от ведущих экспертов отрасли.
AML-сертификация
Актуальные знания в области AML/KYT от ведущих экспертов отрасли.
Graph
Визуализация перемещения активов
и связей между кошельками.
Graph
Визуализация перемещения активов
и связей между кошельками.
KYT Office
Мониторинг транзакций и кошельков для вашего отдела комплаенса.
KYT Office
Мониторинг транзакций и кошельков для вашего отдела комплаенса.
Для себя
Для Бизнеса
Travel rule
(Cкоро)
Телеграм-бот
Бот для проверки кошельков и транзакций с выдачей отчётов.
Телеграм-бот
Бот для проверки кошельков и транзакций с выдачей отчётов.
Возврат средств
Услуги по отслеживанию и возврату украденных криптоактивов.
Возврат средств
Услуги по отслеживанию и возврату украденных криптоактивов.
AML-проверки
Проверка кошельков и транзакций на наличие "грязной" криптовалюты.
AML-проверки
Проверка кошельков и транзакций на наличие "грязной" криптовалюты.
Портфолио трекер
Информация о всех активах и оценка рисков в одном месте.
Портфолио трекер
Информация о всех активах и оценка рисков в одном месте.
Отчёты
Все типы документов связанные
с криптовалютой.
Отчёты
Все типы документов связанные
с криптовалютой.
Мероприятия
(скоро)
ES
FR
中文
Losses from crypto incidents in Q4 2023 dropped by 70%.
Analytical report by BitOK
December has much less stolen cryptocurrency compared to November, and the overall losses for Q4 dropped by almost 40% from Q3.
In Q4 2023, cybercrime losses dropped by 36% from almost $700 million to $450 million compared to the previous quarter. On an annual scale, stolen volumes fell by 70% from nearly $1.5 billion in Q4 2022.

In 2023, the industry faced losses of about $1.8 billion from fraudsters, hackers, and cybercriminals—half the amount seen in 2022 when their activities brought in $3.7 billion.

It's worth mentioning that the collected data doesn't fully capture the market situation. The real extent of losses is considerably higher, as not all victims report their losses.
November stood out as the most impactful month in Q4 2023 for the industry, hosting the top three incidents in terms of stolen funds:
  1. Heco Bridge (over $86.2 million);
  2. KyberSwap (over $45.2 million);
  3. HXA Token (over $29.5 million).
Our analysis indicates that the fourth quarter of 2023 was unique in the year, with over 90% of incidents concentrated in the Ethereum ecosystem in two out of three months (particularly in November, where almost 99% of incidents were associated with this ecosystem).

In December, losses from hacks and fraud were about $40 million, nearly 88% lower than in November. Notably, almost 75% of this amount stemmed from a single incident—the hack of the NFT project HerenciaArtifex, resulting in a $29.5 million loss.
Get it

To inquire about our plans, click here

Try BitOK for free