Malicious actors drained $313,566,528 of value from Web3 protocols in the second quarter of 2023. This is a very similar figure to the $320 million lost in Q1, and a 58% decline from the $745 million lost in Q2 of 2022.
Malicious actors drained more than $320 million of value from Web3 protocols in the first quarter of 2023, while off-chain, Q1 saw some significant events for the crypto industry.