August 2024 Crypto Hacks and Losses: Unpacking the $238 Million Bitcoin Scam

August 2024 was a very eventful time in the cryptocurrency industry where multiple major hacks were recorded and according to the latest peckshield report, the industry lost $313.86 million in the process. The five most common incidents were largely rooted in phishing and unauthorized transfers and exposed the biggest weaknesses of the crypto market. Largest … source: https://coinpedia.org/news/august-2024-crypto-hacks-and-losses-unpacking-the-238-million-bitcoin-scam/