Phishing Attacks Dominate in 2024’s Cybercrime Surge
Cryptocurrency was a warfare zone in 2024 and the security situation deteriorated, with on-chain thefts costing $2.3 billion. This figure increased to 31.61% from 2023 which shows that there are still lingering threats in the cryptos space.
This week’s crypto hack report will present the key events of the week, known phishing cases, and a look at the year 2025.
2024’s Surge in Crypto Hacks: $2.36 Billion in Losses
As for 2024, crypto was a new favourite among hackers, who began attacking this industry more actively than ever before. CertiK’s annual report showed that there were 760 breaches and as a result led to the industry losing nearly $ 2.36 billion.
The attacks also became more frequent and aggressive, even though all types…
