Get the latest tech news
North Korea-linked hackers accounted for 61% of all crypto stolen in 2024
With the rising adoption and value of crypto assets, the potential for theft is also on the rise. This year, the total value of cryptocurrency stolen
image credits: ChainalysisThe report highlighted that most crypto hack activities occurred from January to July this year, which had already exceeded $1.58 billion, around 84.4% higher than the amount stolen during the same period in 2023. Decentralized finance (DeFi) platforms that prioritize growth over security have been the primary targets of cryptocurrency hacks in the last three years and were accountable for the highest amount of stolen assets in Q1 2024. Sharing data, utilizing tracking tools, and offering targeted training can assist stakeholders in rapidly identifying and halting malicious actors while enhancing the security of cryptocurrency assets.
Or read this on TechCrunch