Blockchain security firm PeckShield has recovered approximately $100 million in stolen crypto assets from attacks in March, according to data compiled by the firm. On April 1, PeckShield announced that over 30 hacking incidents occurred in March, resulting in the loss of $187 million in funds.
Partial Recovery of Losses
While losses reached millions, 52.8% of the hacked funds were returned. PeckShield stated that last month, $98.8 million worth of stolen crypto assets were recovered.
PeckShield also highlighted the first five incidents of the month. The Munchables incident ranked highest in terms of losses from a hacking event. It was followed by the Curio hack, Prisma Finance incident, NFPrompt, and WOOFi hacks.
Recovered Funds
Most of the recovered funds were from an incident involving the Munchables, a non-fungible token game based on the Blast network. On March 26, the project announced it had been hacked and initially estimated losses at $62 million.
However, the hacker later returned the funds without demanding a ransom. On March 27, Munchables determined that the hacker was one of their own developers.
Eventually, Blast creator Pacman announced that $97 million in stolen crypto was secured by Blast core participants.
Hope for Prisma Finance Incident
Meanwhile, the Prisma Finance incident, which saw about $11 million in crypto assets stolen, may also have a chance to recover lost funds. On March 28, the decentralized finance protocol froze its platform to investigate the hack.
However, about six hours after the attack, the hacker stated in an on-chain message that the incident was a “white hat hacker’s recovery plan.” The protocol is currently in discussions with the hacker, which could lead to a recovery.
Curio Falls Victim to Attack
On March 24, Curio’s Ethereum-based MakerDAO smart contract was hacked. While the initial estimated loss was $16 million, PeckShield claims it was close to $40 million. The security firm stated that this incident ranked second in terms of the amount lost last month.
The Binance-backed platform NFPrompt fell victim to a hack of approximately $10 million. Additionally, the decentralized exchange WooFi suffered a loss of about $8.5 million.
