A recent report by Immunefi reveals that the crypto industry has suffered over $1.19 billion in losses due to hacks and fraud in the first seven months of 2024.
Points
- The crypto industry lost $1.19 billion to hacks and fraud in 2024.
- July was the second most damaging month, with $269.4 million in losses.
- CeFi suffered more than DeFi, with centralized exchanges accounting for 87% of losses.
- North Korean hacker groups, such as Lazarus, are implicated in significant attacks.
The crypto industry has endured significant financial losses in 2024, with over $1.19 billion lost to hacks and fraud, according to Immunefi. This represents a 16.3% increase compared to the same period in 2023. July alone saw $269.4 million in losses, making it the second most damaging month of the year.
Centralized finance (CeFi) platforms were the hardest hit, accounting for 87% of the total losses, while decentralized finance (DeFi) platforms saw $34.4 million in losses across 13 incidents. Hacks remain the predominant cause, with North Korean hacker groups like Lazarus suspected in major breaches, including the $235 million hack of Indian exchange WazirX.
ChainSwap CEO Fitzy and AMLBot CEO Slava Demchuk emphasized the need for robust security measures and frequent audits to mitigate risks. They also highlighted the importance of individual vigilance and government regulation to prevent scams and fraud.
解説
- The significant losses in 2024 underscore the ongoing threat of cybercrime in the crypto industry.
- CeFi platforms are more vulnerable to large-scale attacks compared to DeFi platforms.
- North Korean hacker groups like Lazarus continue to pose a serious threat to crypto security.
- Implementing strong security measures and educating investors on
crypto safety can help mitigate these risks.