2024: Crypto Hacks Surge with Over $3.01 Billion in Losses

According to @PeckShieldAlert, 2024 has witnessed a significant resurgence in crypto-related theft, with total losses exceeding $3.01 billion—a ~15% increase from $2.61 billion in 2023.  

🔹 Breakdown of Losses:  - $2.15B stolen in crypto hacks - $834.5M lost to scams - $488.5M worth of stolen assets recovered  

🔴 Key Highlights:  

📆 May saw the highest losses, with 28 attacks causing $574.6M in damage.  

🚨 Attacks on individuals and organizations rose to 46% of incidents (up from 33% in 2023), exposing concerns around private key management and security practices.

🛠️ Ethereum was the most impacted blockchain, accounting for 34.8% of incidents and 47.3% of total losses.  

🎮 The gaming sector suffered $502M in losses, including a $290M PlayDapp vulnerability.  

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