According to Cyvers Alerts system monitoring, cryptocurrency hacking in 2024 caused $2.30 billion in losses, a 40% increase year-on-year, Cyvers Alerts CEO and co-financier
According to Deddy Lavid, incidents are often exacerbated by private key breaches and weak key management systems, exemplified by high-profile hacks such as multi-signature wallets. Of the 67 cyber security incidents that occurred in 2024, access control breaches resulted in the theft of $1.90 billion worth of funds, accounting for more than 81% of total cryptocurrency hacking losses.
Cryptocurrency hacking losses reach $2.30 billion in 2024
2025-01-03 06:28:55
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