Reported about 1 year ago
Crypto theft has surged in the first half of 2024, amounting to $1.38 billion, more than double the amount stolen in the previous year. Hackers have targeted private keys, seed phrases, smart contracts, and flash loans to access wallets. Despite the high theft, the total stolen has not exceeded $2 billion in a half-year since 2022. Elevated bitcoin prices due to ETFs have contributed to the increase in theft, with almost three-quarters of stolen crypto this year from five major incidents.
Source: YAHOO