According to data from blockchain security and analysis company Certik, cryptocurrency hacks have resulted in nearly $2.4 billion in stolen funds this year alone. The third quarter was the most active period for hackers, with 184 known attacks resulting in almost $700 million in stolen funds. The report states that the losses caused by hackers in the third quarter alone were greater than the total for the first and second quarters combined. While these numbers are alarming, they are significantly lower than last year's total of over $3.5 billion. According to SlowMist, there have been 450 confirmed hacking incidents as of 2023, with decentralized protocols on the Ethereum and BNB smart chains being the most common targets.