The third quarter of 2024 saw a decline in the number of crypto hacks, but the value of assets stolen spiked, with $753 million lost across 155 incidents.
The third quarter of 2024 has witnessed a decrease in the total number of reported crypto hacks but a spike in the value of assets stolen.
According to an Oct. 1 report by cybersecurity firm CertiK, the overall financial damage surged by approximately 9.5%, with a total of $753 million taken from investors across 155 incidents.
The Ethereum network suffered the most security incidents, with 86 hacks, scams, and exploits costing over $387 million.