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Losses from crypto hacks jump to US$2.2 billion in 2024 – Security

Losses from crypto hacks jump to US$2.2 billion in 2024 – Security

Funds stolen by hacking cryptocurrency platforms surged 21 percent from a year ago to US$2.2 billion (A$3.5 billion) in 2024, a report from blockchain analysis firm Chainalysis showed.

Losses from crypto hacks jump to US$2.2 billion in 2024


The hacking amount exceeded US$1 billion for the fourth straight year and the number of incidents rose to 303 from 282 in 2023, it said.

Hackers had stolen…

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