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Crypto Hacks Drop 15% Year-to-Date, over $70 Million Lost in November
Cybercriminals targeting cryptocurrencies have shown no signs of slowing down. In November alone, hackers stole over $71 million, bringing this year’s total losses to a staggering $1.48 billion, according to a recent report. While slightly below last year’s numbers, the threat remains pressing, with criminals refining their methods to breach digital wallets and decentralized platforms. Crypto Hacks Decline The Immunefi report highlights that crypto hacks and exploits have dropped by 15% compared to the same period in 2023. Mitchell Amador, Immunefi’s founder, acknowledged the progress in a report by ... (full story)