Smart contracts are no longer the biggest concern, as hackers are vying for easier targets, such as private key leaks.
Cryptocurrency hackers and exploiters might be poised for a more successful year in 2024, potentially surpassing their achievements in 2023.
In the first quarter of 2024, hackers stole digital assets valued at $542.7 million, a 42% increase compared to the same period in 2023.
The primary reason for this is hackers continually shifting their attack vectors and looking for easier targets, according to Mriganka Pattnaik, co-founder and CEO of crypto risk and intelligence platform Merkle Science.