August sees 215% rise in crypto phishing, $55M lost in single attack
The majority of the stolen funds is accounted for a major phishing incident that cost an unfortunate user $55 million.
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The majority of the stolen funds is accounted for a major phishing incident that cost an unfortunate user $55 million.
Two largest phishing attacks together made up 93.5% of the total stolen funds, amounting to $293.4 million.
Crypto hackers have stolen over 15.5% more in 2024 so far compared to the same period last year.
The crypto security team is preparing to launch a battleground for hackers and crypto protocols at the DeFi Security Summit at Devcon in November.
Shortly after their arrest in May, Anton and James Peraire-Bueno were released on $250,000 bonds until the conclusion of their criminal case.
According to a recent Chainalysis report, thefts resulting from crypto hacks and exploits have totaled $1.58 billion in 2024.
Cryptocurrency hackers have been returning to their roots to targeting centralized exchanges amid a spike in the Bitcoin price in 2024.
The crypto industry could gain significant mainstream attention following Trump’s eldest son’s plans to launch a bank-rivalling DeFi platform.
WazirX, one of the largest crypto exchanges in India, lost $235 million to a multisig wallet security breach in July 2024.
Nexera’s token contract has been paused and the team advises crypto investors to stop trading the NXRA token.
