Crypto Hackers Stole 15.5% More In 2024 Compared To Same Period In 2023: Immunefi Report

Quick Summary:

According to a report by Immunefi, crypto hackers have stolen over $1.2 billion in digital assets from January to August 2024, marking a 15.5% increase compared to the same period in 2023.

While recent trends suggest that security measures deployed by industry players may be improving, concerns persist regarding the high volume of user funds stolen across different smart contract platforms with varying security measures.

When examining year-over-year (YoY) data, August 2024’s loss was 38% lower compared to August 2023, when the registered losses were slightly over $24.5 million.

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Article Details

Author / Journalist: aisshwaryatiwari

Category: Crypto

Markets: HungaryIndiaMali

Topics: Immunefi DeFi Cybercriminals Ethereum Crypto hack Hacking Cryptocurrency

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-30 @ 02:00:52 (2 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 461 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 22303203

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About Bitcoinist

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Official Website: bitcoinist.com

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News Last Updated: 13 hours ago

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