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Losses from crypto hacks jump to US$2.2 billion in 2024

By Medha Singh

Dec 20 2024 6:24AM

Surges year-on-year.

Losses from crypto hacks jump to US$2.2 billion in 2024

Funds stolen by hacking cryptocurrency platforms surged 21 percent from a year ago to US$2.2 billion (A$3.5 billion) in 2024, a report from blockchain analysis firm Chainalysis showed. The hacking amount exceeded US$1 billion for the fourth straight year and the number of incidents rose to 303 ...

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