A recently published 2023 report reveals that cybercriminals have successfully pilfered approximately $2 billion in cryptocurrencies through a series of cyberattacks.

The report, conducted by De.FI, the security firm overseeing the REKT database, emphasizes the persistent vulnerabilities within the cryptocurrency space and ongoing efforts to address these risks.

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The dispersed nature of this amount across various incidents underscores the challenges within the decentralized finance (DeFi) ecosystem.

De.FI’s report acknowledges that 2023 serves as a testament to the existing vulnerabilities and the progress made in addressing them.

It notes that despite a relatively muted interest in the space during the first half of the year due to an ongoing bear market, the cryptocurrency sector still faces significant security challenges.

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The figure of $2 billion stolen in cryptocurrencies in 2023 represents a decrease compared to the 2022 record, which saw approximately $3.8 billion in crypto thefts.