Crypto Hacks Surge in 2024
The cryptocurrency market faced significant security challenges in 2024, with losses from hacks jumping by 21% to a staggering $2.2 billion. North Korean-linked attacks alone accounted for $1.3 billion, showcasing how critical security measures have become for investors and exchanges.
Key Points:
Total Losses: $2.2 billion in 2024.
Major Culprit: $1.3 billion attributed to North Korean-linked hacks.
What’s at Stake? Without robust security, the market risks eroding investor confidence.
Investors and platforms must prioritize cybersecurity to safeguard the future of digital assets.