Crypto's hack and fraud losses dropped to $1.49B in 2024, a 17% fall from 2023, says Immunefi.
ImmuneFi's founder Mitchell Amador warns that DeFi hackers are making hacking a full-time job amid an increase in high-profile attacks.
DeFi hacking has become more common, but the crypto space is getting safer according to ImmuneFi's Mitchell Amador.
Spectral Labs pauses contracts due to a Syntax vulnerability identified in their systems, amid rising cryptocurrency hacks totaling $1.4 billion losses in 2024.
In November 2024, the cryptocurrency sector faced $71 million in losses due to hacking and rug pull incidents, marking a 79% decrease from November 2023's losses of $343 million. This represents the second lowest monthly loss for the year, as reported by ImmuneFi.
Immunefi, in collaboration with Asymmetric Research, launches an 'Attackathon' to bolster the security of sBTC, a Bitcoin-backed asset, enhancing the overall Bitcoin ecosystem.
Immunefi suspended Trust Security for 90 days over a disputed bug bounty payment denial.
Immunefi has suspended Trust Security due to allegations of manipulating issues, raising concerns about fairness in Web3 bug bounty platforms.
Despite a drop in monthly losses, the crypto industry experienced over $1.4 billion in hacks and scams in 2023, as reported by Immunefi.
Crypto space experienced $55.2 million in losses in October 2024, the second-lowest year-to-date but significantly higher than October 2023, according to Immunefi.
Crypto losses from hacks and scams in 2024 have exceeded $1.4 billion, despite a monthly decline reported by Immunefi.
Ethereum remains the leading choice for ethical hackers despite waning interest. The 2024 Immunefi Report highlights Ethereum's position in the crypto community.
SlowMist's Q3 2024 report shows a decline in crypto thefts but highlights more sophisticated phishing scams. Sponsored search results lead to scam links while the most common thefts remain due to key leaks. Despite new tactics, reports show a downward trend in overall thefts.
Crypto-related hack and fraud losses dropped in Q3 2024, but Ethereum remains the most targeted blockchain, according to Immunefi.
Immunefi’s Q3 2024 report shows a $409 million loss to crypto hacks, a 40% drop from 2023. DeFi had more incidents, but CeFi had larger losses, with WazirX and BingX among the hardest hit.
Centralized Finance (CeFi) platforms lost $413M to hacks in Q3 2024, with Ethereum and BNB Chain as key targets, according to Immunefi.
The cryptocurrency sector lost $413 million in Q3 2023 due to hacks and scams, marking a 28% decrease from the previous quarter, according to Immunefi.
Hackers stole $409 million worth of cryptocurrency in Q3, with an additional $3 million lost to fraud, according to ImmuneFi.
Despite a reduction in August, crypto market losses in 2024 exceed $1.2 billion, reveals a report by Immunefi, marking a 15.5% increase from last year.
Crypto hacks have surged to $1.2 billion in 2024, marking a 15.5% increase from last year, as per the latest Immunefi report. A total of 154 cases have been reported, highlighting ongoing vulnerabilities in DeFi and CeFi projects.
According to Immunefi, crypto hackers stole over $1.2 billion from January to August 2024, a 15.5% rise from the same period in 2023.
Crypto hackers have stolen over $1.2 billion in 2024, a 15.5% increase from the same period last year, according to Immunefi.
August 2024 saw $15 million in losses from DeFi hacks, while CeFi attacks and fraud were nonexistent, per Immunefi.
Crypto hackers stole half as much in August compared to July, Immunefi reports. Infrastructure compromises remain the most devastating hacks.
Nearly 80% of tokens affected by crypto hacks fail to recover, highlighting a significant issue for the industry.
A recent report shows that 77.8% of hacked cryptocurrencies do not recover their prices, with 51.1% declining over 50% within six months post-attack.
Coin value can drop 50% to 100% up to six months after a hack, Immunefi reveals.
Immunefi's report shows a 112% increase in crypto hacks and frauds in Q2 2024, with losses totaling $572.7 million.
El informe de Immunefi indica que desde 2017, el hackeo de BNB Chain ha perdido un total de $1.64 mil millones debido a ataques de hackers y Rug Pulls.
Jump Crypto and Immunefi launched a bug bounty program for a new Solana validator client. Developers can earn up to $1 million by finding critical bugs.
Ethereum Foundation and Immunefi are launching a $2M Attackathon to enhance Ethereum's security.
Solana launches Firedancer validator client with a $1 million bug bounty program, aiming to strengthen network integrity.
