Footprint AnalyticsAfter its Airdrop, Where Does Blur Stand in the Market?
One year ago, the volume of NFT transactions going through aggregators began to snowball, even exceeding the volume going directly through marketplace platforms at times. While aggregator usage declined from October to January, Blur.io has since exploded in popularity in 2023, even engaging in a public confrontation with OpenSea over royalties. This month, Blur overtook OpenSea in transaction volume and had a massive airdrop event.Blur Aggregator Trading Volume vs. Marketplaces Footprint Anal...
Footprint AnalyticsGrowthly Quest Tools Now Free and Open to All Web3 Projects
Author: Stella L (stella@footprint.network) Footprint Analytics is excited to announce that Growthly, our intuitive no-code viral Quest solution, is now open to all Web3 projects! For a** limited time**, we’re offering free access to Growthly’s Quest H5, SDK, and mini apps to help projects boost user acquisition and retention through engaging, gamified experiences.Why Growthly?Growthly has already demonstrated remarkable success in the Web3 space, powering projects like Ton.AI to achieve over...
Footprint AnalyticsWhat is the Element NFT marketplace and NFT aggregation?
Oct. 2022, Vincy Data Source: Footprint Analytics — Element NFT Marketplace NFT marketplace Element was launched on July 1, 2021 as a solution to the problem of fluctuating interest rates on most DeFi programs and the liquidity of the principal after user deposits. On August 15, the platform officially launched its version** **2.0, which faces a different sector than the original version. Now, the platform calls itself the first community-driven decentralized NFT aggregation marketplace. This...
Footprint Analytics is a comprehensive blockchain data analytics platform that simplifies analysis and community management for sustainable
Footprint AnalyticsAfter its Airdrop, Where Does Blur Stand in the Market?
One year ago, the volume of NFT transactions going through aggregators began to snowball, even exceeding the volume going directly through marketplace platforms at times. While aggregator usage declined from October to January, Blur.io has since exploded in popularity in 2023, even engaging in a public confrontation with OpenSea over royalties. This month, Blur overtook OpenSea in transaction volume and had a massive airdrop event.Blur Aggregator Trading Volume vs. Marketplaces Footprint Anal...
Footprint AnalyticsGrowthly Quest Tools Now Free and Open to All Web3 Projects
Author: Stella L (stella@footprint.network) Footprint Analytics is excited to announce that Growthly, our intuitive no-code viral Quest solution, is now open to all Web3 projects! For a** limited time**, we’re offering free access to Growthly’s Quest H5, SDK, and mini apps to help projects boost user acquisition and retention through engaging, gamified experiences.Why Growthly?Growthly has already demonstrated remarkable success in the Web3 space, powering projects like Ton.AI to achieve over...
Footprint AnalyticsWhat is the Element NFT marketplace and NFT aggregation?
Oct. 2022, Vincy Data Source: Footprint Analytics — Element NFT Marketplace NFT marketplace Element was launched on July 1, 2021 as a solution to the problem of fluctuating interest rates on most DeFi programs and the liquidity of the principal after user deposits. On August 15, the platform officially launched its version** **2.0, which faces a different sector than the original version. Now, the platform calls itself the first community-driven decentralized NFT aggregation marketplace. This...
Footprint Analytics is a comprehensive blockchain data analytics platform that simplifies analysis and community management for sustainable
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Total losses in Q2 reach $718.34 million, down approximately 40 percent from $1.2 billion in Q1
In the second quarter of 2022, 48 major attacks were monitored in the Web3 space, with total losses of approximately $718.34 million, down approximately 40 percent from $1.2 billion in the first quarter and approximately 2.42 times the losses in Q1 2021 ($296.56 million).
Click here to download the full Q2 web3 security report, or read the summary below.
From January to June 2022, assets lost in the Web3 space due to attacks totaled $1,912.87 million.
Key takeaways:
April was the most active month for hacking. May saw a significant decrease in the number of attacks and losses; hacking activity increased in June.
By project type, DeFi continues to have the greatest rekt frequency; approximately 79.2% of attacks occur in the DeFi domain.
All chains and attacked projects saw a significant decrease in TVL values in May. Most projects experienced a decrease in TVL immediately after they were attacked.
By chain, the greatest loss this quarter was on Ethereum, $381.35 million. The most frequently attacked chain was the BNB Chain, with 26 exploits.
The most common hacking techniques continue to be contract vulnerability exploitation and flash loans. Approximately 45.8% of attacks were contract exploits. The greatest losses were caused by flash loans, totaling $233 million.
Approximately $418.89 million in stolen funds were transferred to Tornado.cash by hackers, representing 58.3% of the total amount stolen during the quarter.
Only 52% of the attacked projects were audited.
Forty-three major rug pull incidents on the chain were monitored this quarter, with total losses of approximately $34,266,402. From incomplete statistics, Discord servers were hacked more than 151 times. Rug pull and phishing security incidents were frequent in May and June.
All charts and graphs in this report can be viewed at:
https://www.footprint.network/@Beosin/Footprint-Beosin-Q2-Report
Summary
DeFi security remained a focus of concern in Q2 2022, with approximately 79.2% of attacks occurring in the Defi space. For two consecutive quarters, DeFi has been the focus of hacker attacks. Although NFT, cross-chain bridges, and exchange security incidents are not as frequent as DeFi incidents, several incidents involved large losses. Web3 projects of all types should strengthen security.
Total losses in Q2 reach $718.34 million, down approximately 40 percent from $1.2 billion in Q1
In the second quarter of 2022, 48 major attacks were monitored in the Web3 space, with total losses of approximately $718.34 million, down approximately 40 percent from $1.2 billion in the first quarter and approximately 2.42 times the losses in Q1 2021 ($296.56 million).
Click here to download the full Q2 web3 security report, or read the summary below.
From January to June 2022, assets lost in the Web3 space due to attacks totaled $1,912.87 million.
Key takeaways:
April was the most active month for hacking. May saw a significant decrease in the number of attacks and losses; hacking activity increased in June.
By project type, DeFi continues to have the greatest rekt frequency; approximately 79.2% of attacks occur in the DeFi domain.
All chains and attacked projects saw a significant decrease in TVL values in May. Most projects experienced a decrease in TVL immediately after they were attacked.
By chain, the greatest loss this quarter was on Ethereum, $381.35 million. The most frequently attacked chain was the BNB Chain, with 26 exploits.
The most common hacking techniques continue to be contract vulnerability exploitation and flash loans. Approximately 45.8% of attacks were contract exploits. The greatest losses were caused by flash loans, totaling $233 million.
Approximately $418.89 million in stolen funds were transferred to Tornado.cash by hackers, representing 58.3% of the total amount stolen during the quarter.
Only 52% of the attacked projects were audited.
Forty-three major rug pull incidents on the chain were monitored this quarter, with total losses of approximately $34,266,402. From incomplete statistics, Discord servers were hacked more than 151 times. Rug pull and phishing security incidents were frequent in May and June.
All charts and graphs in this report can be viewed at:
https://www.footprint.network/@Beosin/Footprint-Beosin-Q2-Report
Summary
DeFi security remained a focus of concern in Q2 2022, with approximately 79.2% of attacks occurring in the Defi space. For two consecutive quarters, DeFi has been the focus of hacker attacks. Although NFT, cross-chain bridges, and exchange security incidents are not as frequent as DeFi incidents, several incidents involved large losses. Web3 projects of all types should strengthen security.
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