The stolen amount represents nearly 3% of the current market cap of listed cryptocurrencies.
Read more$656M lost from crypto hacks, scams and rug pulls in H1 2023: Report
Approximately $215 million of stolen assets have since been recovered.
Read moreBitcoin no longer crypto of choice for illicit crypto activity: TRM Labs
While fiat channels remain the dominant tool for criminal financing, Bitcoin appears to have fallen out of favor for criminals as far as cryptocurrencies go.
Read moreYield Protocol declares full recovery from Euler hack, awaits user token exchange
The permissionless, collateralized fixed-rate borrowing and lending market restored operations in May and will now switch out user tokens worth $1.5 million.
Read moreOver $204M was lost in Q2 DeFi hacks and scams: Report
More than $208.5 million was lost initially, but approximately $4.5 million was recovered, making the total amount of unrecovered funds over $204 million.
Read moreCurve pool imbalance triggers USDT depeg concerns: Finance Redefined
The top 100 DeFi tokens had another bearish week, with the majority of tokens trading in the red.
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