2024 defi hacks

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Digital Asset Platforms Lose a Record $2.1B in 2024, Mostly Due to Hacks

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A Cyvers report reveals that centralized and decentralized digital asset platforms suffered $2.114 billion in losses in the first nine months of 2024, surpassing 2023’s total. Hacks and breaches account for the majority of these losses, emphasizing the need for enhanced security measures. Centralized Exchange Hacks Surge Nearly 1,000% Cybersecurity Cyvers’ analysis shows that losses … Read more

Study: Crypto Assets Worth $572.7 Million Lost to Hacks and Fraud in Q2 2024

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Digital assets worth over $572.7 million were lost to hacks and fraud in the second quarter of 2024. This latest figure brings the value of digital assets lost to hacks, fraud, and scams in 2024 to $920.9 million. Decentralized finance (defi) platforms lost approximately $172.1 million across 63 incidents. This figure is 25% lower than … Read more