In 2024, May was the biggest month in terms of crypto losses and suffered nearly $385 million in net losses from crypto hacks.
The net loss from cryptocurrency-focused hacks and exploits in June recorded a 54.2% decline compared to May.
According to data from the crypto analytics firm PeckShield, approximately 20 hacking incidents were reported in the crypto space in June, leading to a net loss of nearly $176 million. This represents a significant decrease of 54.2% compared to May 2024, when hackers made off with $385 million.
The BtcTurk crypto exchange exploit was the biggest hack for June, and the hackers got away with over $100 million in crypto assets, according to Peckshield data.
