Over $473M Worth of Cryptocurrency Lost to Hacks and Rug Pulls in 2024
According to a report by Immunefi, cryptocurrency hacks and rug pulls resulted in the loss of over $473 million across 108 incidents in 2024. In May, $52 million was stolen, with Gala Games and SonneFinance being the main targets. The report highlighted that the DeFi market remained the primary target for hackers, while centralized finance companies did not experience any attacks in 2024. Ethereum was the most targeted cryptocurrency, with 43% of total losses attributed to it.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Historical patterns indicate Bitcoin breakout imminent
Bitfarms and Riot Platforms settle dispute with board changes
Caroline Ellison faces sentencing for role in FTX collapse
Giant Whale, Who Previously Profited $145 Million from Shiba Inu (SHIB), Sees Huge Profits Again in New Altcoin Choice
According to Onchain data, a major crypto whale made a new trade following his previous Shiba Inu trade.
Trending news
MoreCrypto prices
More
