The year 2023 is now coming to an end, it is time to understand the scams and hacks of the year so that we are prepared to control and protect against it in the future.

Hackers on rampage

     2023 saw better security precautions to pervent numerious attacks; however, hackers were still able to hack a number of platforms.  For example -

• Cold Wallet Hacks - Ledger
• Hot Wallet Hacks - Metamask, Exodus, Atomic
• Centralized Exchange Hacks - CoinEx, HTX , Poloniex
• Decentralized Exchanges Hacks - ZigZag, HTX Web3
• Developers Hacks - Fantom Foundation
• Casinos Hacks - Stake
• Cross Chain Protocols Hacks - Poly Network
• Social Finance Hacks - Star Arena

Scammers on rampage

     2023 saw a better crypto revolution; however, scammers were also able to lure naive investors and then betray their trust.  For example -

• Listed Project Scam - XIRTAM
• Unlisted Project Scam - Megabot
• Crypto Manager Scam - Haru Invest
• Bankruptcy Scam - Prime Trust, Safemoon
• Influencer Scam - Bitboy Crypto
• Hack Scam - ZigZag
• Legal Case Scam - JPEX

     There was also time when Scam-Expose battle collide and crypto world got involved in it, for example ZachXBT v Jeffery Huang (Machi Big Brother).

Compromise by Crypto Industry

     There were also situations where the platform had to compromise with the hackers. For example -
HTX Global and Poloniex convinced their hackers to keep 5% of the stolen funds as Whitehat and return the rest. Star Arena allowed hacker to keep 10% as Whitehat.