📉 Crypto hacks and fraud losses fell 40% in Q3 2024 to $413 million, Immunefi reports.
- Last year, losses were $685 million.
- Quarterly losses also fell 28% from the previous quarter.
However, Q3 was not without its major hacks:
- WazirX lost $235 million.
- BingX - $52 million.
DeFi losses also fell 79.2%, but key management issues on centralized exchanges remain.