‘Crypto’ crime surged in 2024; billions stolen in phishing
Digital asset criminals had yet another record-breaking year, stealing over $2.3 billion from victims across 760 reported on-chain incidents, a new report has revealed.
The ‘Web3 Security Report 2024’ by New York-based blockchain security firm CertiK revealed that last year’s loot was a 31.6% increase on the 2023 total, with the number of incidents increasing marginally. On average, the criminals stole $3.1 million per incident.
Phishing emerged as the top attack vector, with victims losing $1.05 billion in nearly 300 incidents.
