Crypto Industry Suffers Over $1 Billion in Hack and Fraud Losses in 2024: Report

According to a recent Immunefi report, the crypto industry has faced significant financial setbacks since the beginning of 2024. Losses due to hacks and fraud have exceeded $1.19 billion. The losses recorded in the first seven months of this year showed a notable 16.3% increase compared to the same period in 2023, when losses amounted to $1.02 billion. These numbers highlight the... source: https://beincrypto.com/crypto-hacks-losses-over-1-billion-july-2024-report/