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Home News Cryptocurrency

Crypto theft loss doubles to $1.38 billion in first half of 2024: Report

admin by admin
July 8, 2024
in Cryptocurrency
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Five incidents accounted for 70 percent of the total amount stolen so far this year

The amount of cryptocurrency lost to hacks and exploits globally more than doubled in the first half of 2024, a new report suggests.

According to a recent study by the threat intelligence team at TRM Labs, five incidents accounted for 70 percent of the total amount stolen so far this year, with seed phrase and private key compromises, flash loan attacks, and…



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