Certik's Q2 2024 report reveals $688 million lost in Web3 security breaches, a 37% increase from Q1, primarily from phishing attacks.
Delta Prime, a DeFi platform, has experienced a hack resulting in over $6 million worth of stablecoins being stolen and swapped to ETH by the attacker.
One of the major cryptocurrency exchanges has suffered a significant hack with a large quantity of altcoins stolen.
Velocore Exchange experienced a significant security breach, resulting in a $773 million loss. The incident is part of a series of recent high-profile hacks in the cryptocurrency sector. Velocore officials have provided insights into the scale of the attack and the response actions undertaken.
The weekly Crypto Hack Report details the various security breaches experienced by blockchain projects, highlighting the ongoing struggle against advanced attacks and the need to enhance security protocols within the industry.
April 2024 experienced a record low in cryptocurrency losses due to hacks and scams at $90.81 million across 37 incidents, highlighting ongoing security issues.
