Welcome to Hack3d: The Web3 Security Report for Q3 2024. Hack3d serves as an essential resource and record of statistics for understanding security challenges and vulnerabilities in the Web3 space. It equips stakeholders with the knowledge and insights needed to fortify their defenses and make informed decisions in an increasingly high-stakes environment.

A total of $688,102,941 was lost across 184 onchain security incidents in Q2 2024. This represents a 37% increase in value lost compared to Q1 2024, though there was an 18% decrease in the number of incidents quarter-over-quarter.

In Q1 2024, BNB Chain witnessed a loss of $14,446,914 across 43 incidents, leading to an average loss of $335,974 per incident and a median loss of $151,476.