Report: Crypto breach costs nearly $1.40 billion this year
2024-07-08 22:55:43
According to cybersecurity company-wide cyvers web3 security reports along withdesk3cryptocurrencydesktopCrypto News
According to a mid-year Web3 security report by cyber security firm Cyvers, the total amount of cryptocurrency funds stolen so far this year has approached $1.40 billion as centralized exchanges become the new flashpoint for attacks. Total cryptocurrency losses exceeded $600 million in the second quarter of 2024, a 100 percent increase from the same period last year. The report said the main reason for the surge in stolen funds was a 900 percent increase in losses on centralized exchanges.
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