$1.7B LOST TO PRIVATE KEY THEFT IN 2024

Hacken’s latest report highlights a sobering trend: private key theft dominated Web3 security failures this year, accounting for 75% of losses - $1.7B wiped out.

Compare that to smart contract exploits, which made up just 14% of the year’s damages. 

The data’s clear: access control isn’t just a vulnerability; it’s the vulnerability.

Even with robust setups like WazirX’s multisig wallet, attackers exploited trust to steal $230M. 

The takeaway? Secure your keys like your portfolio depends on it - because it does.

Source: The Daily Hodl