Ethereum was the most targeted chain for hackers in 2024, accounting for 85% of the value lost in February.
Over $200 million worth of cryptocurrency has been lost to hacks and rug pulls in 2024 year-to-date (YTD) across 32 individual incidents, according to a Feb. 29 research report by blockchain security firm Immunefi.
The over $200 million loss YTD represents a 15.4% increase compared to January and February 2023, when $173 million of digital assets were stolen.
February saw over $67 million worth of crypto stolen across 12 specific hack and fraud incidents. This represents a nearly 50% decrease from January, which recorded $133 million worth of stolen crypto.
