ššIn crypto, time is the most valuable asset ā and hackers know it. According to Global Ledger, it takes victims an average of 43 hours to realize and report a hack, but funds start moving to exchanges and mixers just 46 hours after the attack.
Even worse, thereās a 67-hour gap between the hack and the first on-chain movement. And the biggest delay? 78 hours between the public announcement and fund transfers ā by then, the damage is already done.
How fast do funds disappear based on the platform type?
⢠NFT projects: ~23 days ā low liquidity slows things down
⢠Centralized exchanges: ~425 hours ā complex laundering schemes
⢠DeFi platforms: ~230 hours ā often used as intermediate layers
⢠Gaming and metaverse platforms: ~25 hours ā simple architecture, fast exits
⢠Payment services: 36 minutes ā instant swaps and clean exits
How do you avoid becoming the next victim?
⢠Never store all your assets on exchanges
⢠Use hardware wallets and multisig protections
⢠Regularly revoke unnecessary smart contract permissions
⢠Set up real-time transaction monitoring
⢠And most importantly, have an incident response plan before a hack happens
Crypto doesnāt forgive hesitation. Are you among those losing assets, or those smart enough to secure them? Choose your side wisely, #AMAGE community.