Crypto hacking thefts double to $1.4 billion in first half of 2024, researchers say

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LONDON : The amount of cryptocurrency stolen in hacks globally more than doubled in the first six months of 2024 from a year earlier, driven by a small number of large attacks and rising crypto prices, blockchain researchers TRM Labs said on Friday.

Hackers had stolen more than $1.

This means that cybercriminals are more motivated to attack crypto services, and can steal more when they do, Redbord said.

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Category: EconomyBusiness

Markets: SingaporeJapanNorth KoreaUnited States

Topics: Crypto Hacking Thefts Stolen Double 2022 Bitcoin Million Year Cryptocurrency 2024

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-05 @ 21:13:00 (3 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 412 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 21 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 21493769

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