Crypto Theft Loss Doubles to $1.38B in First Half of 2024
full version at dailycoin
Losses in crypto hacking incidents doubled in the first half. Hackers stole over half a billion during the same period last year. The bad actors were motivated by rising crypto prices post-FTX implosion. The amount of crypto lost to hacks and exploits globally more than doubled in the first half of 2024, TRM Labs’ threat intelligence team said in a report on Friday. Five incidents accounted for 70% of the total amount stolen so far this year as seed phrase and private key compromises trended as a top incidents, alongside flash loan attacks and smart contract exploits. Crypto Hackers
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