$1.2 Billion in Cryptocurrency and DeFi Losses in H1 2024 Due to Hacks, Scams, and Exploits

Published

7 months ago

7 July, 2024

Substantial losses in the crypto and decentralized finance (DeFi) sectors amounting to $1.19 billion year-to-date.

The report arrives via The financial tycoons:quoting a report from blockchain security firm CertiK:

Phishing attacks emerged as the most damaging vector, accounting for $497.7 million in losses across 150 incidents. “The second quarter of 2024 saw the highest losses since the third quarter of the previous year, despite a relatively quiet quarter in which markets mostly consolidated first-quarter gains,”

More information on the link above.

Related Topics:crypto defi phishing losses

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