May 30, 01:38 PM

Crypto Security Incidents: $103M Lost in April, $1.9B in 2023, $473M in 2024, Ethereum DeFi Projects, 20% Decrease

In April 2024, $103 million was lost to web3 security incidents, a $47 million decrease from March. Crypto projects suffered $1.9 billion in losses in 2023. In 2024, over $473 million was lost to hacks and rug pulls across 108 incidents, with Ethereum DeFi projects being a prime target. Despite the losses, there was a 20% decrease compared to the previous year.

#Crypto #Ethereum DeFi

Written with ChatGPT (GPT-3).

Sources

Decrypt@DecryptMedia
2 years ago
Bad news: Investors have lost $473 million since the beginning of the year to hacks and frauds. Good news: That's a decrease of 20% from the same period last year, according to @Immunefi. Read more: https://t.co/Cg5yHXMDLe
BSCN Headlines@BSCNheadlines
2 years ago
JUST IN: CRYPTO HACKS AND RUG PULLS HAVE RESULTED IN $473M LOSS IN 2024 ACROSS 108 CASES ~ @IMMUNEFI
Decrypt@DecryptMedia
2 years ago
Ethereum DeFi Projects Still Favorite Target for Hackers, But Stolen Funds Down 28% in May: Immunefi ► https://t.co/CCjCWvsDT7 https://t.co/CCjCWvsDT7

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Crypto Security Incidents: $103M Lost in April, $1.9B in 2023, $473M in 2024, Ethereum DeFi Projects, 20% Decrease

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