Category: hacks

  • Crypto Hacks Stolen Funds Surge 21% In 2024

    This year, cryptocurrency hacks have increased in terms of total value stolen and number of attacks compared to last year. According to a recent report, the industry has lost more than $2 billion in the past 12 months, with more than half of the money allegedly stolen by North Korean…

  • October Crypto Losses Drop, But Total Hacks Still Top $1.4 Billion This Year

    According to another a report From blockchain security company Immunefi, the cryptocurrency sector will face continued challenges with hacks and scams in 2024. The report highlights that although exploitation losses have declined month-on-month, the industry has seen more than $1.4 billion lost due to 179 hacks and scams this year.…

  • Rising Prices, Rising Risks: Crypto Hacks Skyrocket To $1.6 Billion, Report

    Cryptocurrency investors and platforms face a growing threat as the value of cryptocurrency hacks nearly doubled in the first seven months of 2024, reaching $1.6 billion, According to According to a new report from blockchain analytics firm Chainalysis. Cryptocurrency Theft Will Rise Dramatically in 2024 While the monetary value of…

  • Rising Prices, Rising Risks: Crypto Hacks Skyrocket To $1.6 Billion, Report

    Cryptocurrency investors and platforms face a growing threat as the value of cryptocurrency hacks nearly doubled in the first seven months of 2024, reaching $1.6 billion, According to According to a new report from blockchain analytics firm Chainalysis. Cryptocurrency Theft Will Rise Dramatically in 2024 While the monetary value of…

  • Here’s How Much Crypto Was Lost in May Due to Hacks: CertiK

    According to blockchain security firm CertiK, the cryptocurrency sector lost $42.6 million in May due to exploits, flash loans, and scams. Despite these setbacks, approximately $96.2 million has been recovered, providing some mitigation of the economic impact. Flash loan attacks dominate blockchain losses Flash loan attacks caused the largest losses…

  • Here’s How Much Crypto Was Lost in May Due to Hacks: CertiK

    According to blockchain security firm CertiK, the cryptocurrency sector lost $42.6 million in May due to exploits, flash loans, and scams. Despite these setbacks, approximately $96.2 million has been recovered, providing some mitigation of the economic impact. Flash loan attacks dominate blockchain losses Flash loan attacks caused the largest losses…

  • Over 450 Million USDT Worth Of Crypto Lost To Crypto Hacks And Rug Pulls In 2024, Reports ImmunFI

    Drum Image: Crypto News The cryptocurrency industry has faced a worrying trend in recent years, as cybercriminals are increasingly targeting decentralized finance (DeFi) projects and centralized exchanges through sophisticated hacking methods. According to a comprehensive report by security services provider Immunefi, the cryptocurrency ecosystem incurred a staggering $473 million in…