US$1.2bn in cryptocurrency, DeFi losses in H1 of 2024 due to hacks, scams, & exploits
Substantial losses in the crypto and decentralized finance (DeFi) sectors YTD amounting to USD 1.19billion.The report comes via Finance Magnates: citing 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. "Q2 2024 experienced the highest losses since Q3 of the previous year, despite a relatively quiet quarter in which the markets mostly consolidated the gains from Q1,"More at the link, above. This article was written by Eamonn Sheridan at www.forexlive.com.
Substantial losses in the crypto and decentralized finance (DeFi) sectors YTD amounting to USD 1.19billion.
The report comes via Finance Magnates: citing 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. "Q2 2024 experienced the highest losses since Q3 of the previous year, despite a relatively quiet quarter in which the markets mostly consolidated the gains from Q1,"
More at the link, above. This article was written by Eamonn Sheridan at www.forexlive.com.
