December 3, 2024 at 07:13AM In 2024, cryptocurrency losses reached nearly $1.49 billion, primarily due to hacks, according to Immunefi. This is a reduction from last year’s $1.75 billion. November losses were over $71 million, with 24 hacking incidents reported. BNB Chain was the most targeted, accounting for 46.7% of total losses. ### Meeting Takeaways … Read more
January 25, 2024 at 11:48AM In 2023, $1.7 billion in cryptocurrency was stolen, down from $3.7 billion in 2022. Decentralized financial systems (DeFi) were targeted, with $1.1 billion stolen, a 64% decrease. North Korean hackers stole slightly over $1 billion, with the number of attacks increasing. Cybersecurity measures are improving, with better collaboration between crypto … Read more
November 30, 2023 at 07:18AM Since 2017, North Korean hackers have targeted the crypto sector to bypass sanctions, stealing $3 billion in assets, significantly impacting DeFi platforms. The U.S. imposed sanctions against a mixer used by DPRK’s Lazarus Group for money laundering, which funds their WMD programs. Recorded Future suggests increased industry cybersecurity is necessary. … Read more