Data reveals hackers drained more than $100 million in 20 attacks throughout February.

According to data, it is evident that hackers usually moved the pilfered cryptocurrency to the officially approved cryptocurrency mixer known as Tornado Cash, followed by the exchange protocol eXch and the Bitcoin blockchain. Although the precise magnitude of unlawful actions in February is difficult to ascertain since victims typically refrain from reporting such offenses, the most recent statistics demonstrate an escalation in comparison to February 2023, when the market suffered losses of $30.6 million as a result of hacker assaults, as reported by DefiLlama data.