Hackers stole $409 million in cryptocurrency during Q3 2024, marking a 40% decrease from the previous year, according to Immunefi. WazirX and BingX were the hardest hit, losing $235 million and $52 million respectively. The majority of incidents occurred on the Ethereum blockchain. Despite an overall decline, the total amount lost to crypto hacks in 2024 has surged to $2.1 billion, with centralized finance (CeFi) platforms experiencing a 984% increase in losses year-over-year. DeFi platforms continue to be major targets, with recent hacks netting $10 million in just 48 hours. As Web3 expands, proactive security measures are more crucial than ever.