Immunefi’s study reveals a significant increase in CeFi losses due to hacks, scams, and rug-pulls in Q2 2024.
Points
- The crypto market lost $1.9 billion from 149 attacks in 2024.
- Centralized finance （CeFi） saw a 984% increase in losses compared to the previous year.
- The Ethereum chain faced the most attacks, followed by the BNB chain.
**The global cryptocurrency market lost $1.9 Billion from 149 attacks this year, Immunefi’s study claims. In Q2 2024, the ETH chain succeeded in surpassing the BNB chain compared to
the previous year, accounting for the most attacks on any single chain. Centralized finance （CeFi） losses rose by 984%, reaching $365 million. These staggering figures underscore the growing risks in the crypto space, highlighting the need for robust security measures.**
Overview of Immunefi’s Study
According to Immunefi’s comprehensive study, the crypto market lost a total of $1.9 billion due to 149 attacks in 2024. These attacks included various forms of cybercrime, such as hacks, scams, and rug-pulls.
CeFi’s Alarming Increase in Losses
Centralized finance （CeFi） platforms experienced a dramatic increase in losses, growing by 984% compared to the previous year. This surge resulted in a total loss of $365 million, emphasizing the vulnerabilities within CeFi infrastructures.
Attack Distribution by Blockchain
The Ethereum （ETH） blockchain saw the highest number of attacks, surpassing the Binance Smart Chain （BNB） which was the most targeted in the previous year. This shift highlights changing attack patterns and the need for Ethereum to bolster its security measures.
Notable Incidents and Their Impact
Several high-profile incidents contributed significantly to these losses. For instance, a major attack on the decentralized finance （DeFi） protocol caused a substantial portion of the total financial damage. Such incidents not only result in direct financial losses but also erode trust within the crypto community.
Preventive Measures and Recommendations
To mitigate these risks, experts recommend a multi-faceted approach to security. This includes enhancing smart contract audits, implementing rigorous security protocols, and fostering community awareness about potential threats. Collaboration between different blockchain projects and cybersecurity firms can also play a crucial role in defending against future attacks.
解説
- The significant increase in CeFi losses underscores the need for improved security measures.
- The Ethereum blockchain has become the primary target for attacks, necessitating enhanced protection.
- Multi-faceted security strategies are essential to safeguard the crypto ecosystem.
- Collaboration and continuous improvement in security protocols are vital for reducing the impact of cyber-attacks.