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Crypto hacks, scam losses reach $29M in December, lowest in 2024

[Jan 2 2:50 AM] Both CertiK and PeckShield shared data showing December was the lowest month of crypto losses in 2024.

September 2024 crypto hacks surpass $120M, centralized exchanges hit

[Oct 1, 2024 8:29 AM] Cryptocurrency hacks in September totaled over $120 million, with centralized exchanges BingX and Indodax accounting for more than half.

Top 100 DeFi Hacks: Offchain attack vectors account for 57% of losses

[Aug 14, 2024 1:03 PM] Despite the falling number of smart contract exploits, hackers could surpass the previous year in terms of total value stolen.

Crypto execs on DeFi domain hacks: Don’t interact with crypto for now

[Jul 12, 2024 2:13 AM] CoinGecko founder Bobby Ong explained that after Google sold its domain business to Squarespace, two-factor authentication was removed due to the forced migration of domains.

Crypto hacks soar to $19B in 13 years: Crystal Intelligence

[Jun 12, 2024 3:59 AM] Nearly $19 billion worth of digital assets have been lost to exploits in the past 13 years, with $2.9 billion stolen during the largest single crypto theft during the 2019 Plus Token fraud.

Study: Criminals Target Defi Platforms, Steal More Than $67 Million in February Alone

[Mar 9, 2024 6:30 AM] In February alone, criminals stole digital funds worth over $67 million from decentralized finance (defi) platforms. The latest Immunefi data shows that hacking attacks accounted for more than $65 million, or 97% of the month’s losses. The…

Crypto Money Laundering Plummets By 29% In Latest Chainalysis Findings

[Feb 15, 2024 9:00 PM] According to a recent report published by crypto analytics firm Chainalysis, money laundering involving crypto assets has experienced a notable decline compared to the previous year. However, the report highlights that illicit actors have started…

Kyber Network Takes Swift Action After $48 Million Breach, Implements Critical Decisions

[Dec 26, 2023 9:00 PM] Decentralized finance (DeFi) platform Kyber Network has taken significant steps to address the aftermath of a massive security breach in November, with CEO and co-founder Victor Tran at the helm. Despite the challenges posed by the “Elastic…

BREAKING: Sushi DeFi Security Breach: CTO Sounds Alarm, SUSHI Price Drops 4%

[Dec 14, 2023 8:00 AM] In a significant blow to the decentralized finance (DeFi) sector, the Sushi DeFi protocol has fallen victim to its second exploit this year. The protocol’s Chief Technology Officer (CTO), Matthew Lilley, has issued a stark warning to users…