Crypto Hacks On The Rise in 2024 With $1.2 Billion Lost Till Now

Quick Summary:

Crypto adoption has been on the prime for the last few years, making it an industry of $2.09 Trillion and facilitating billions worth of transactions daily.

However, this year’s count has left behind the 2023 data by 15.5%, as more than $1.21 Billion has already been lost this year.

In 2023, August data reveals a loss of $1,048,044,942 in hacks, but 2024 has dominated in that scenario with 15.5%.

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Article Details

Author / Journalist: Pooja Khardia

Category: Crypto

Markets: India

Topics: Crypto scams Crypto hacks August hacks 24/7 Cryptocurrency News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-31 @ 12:29:38 (22 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 574 words

Reading Time: 4 minutes read

Sentences: 51 lines

Sentence Length: 12 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 22312621

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About CoinGape

Main Topics: Crypto

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News Last Updated: 8 hours ago

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