Hackers Stole $71M Crypto in November

In November, cryptocurrency hackers stole $71 million, totaling $1.48 billion for the year.
As the annual value of cryptocurrency hacks approaches $1.5 billion, hackers are still harming the industry's reputation.

According to a study by Immunefi that was shared with Cointelegraph, cryptocurrency hackers stole digital assets valued at over $71 million in November.

According to the research, this raises the total amount of cryptocurrency stolen in 2024 to approximately $1.48 billion year-to-date (YTD).

"Over the course of 2024 YTD, we have witnessed a loss of $1,489,921,677 due to hacking and rug pulls across 209 distinct events. This is a 15% reduction from the $1,757,680,745 in losses over the same time period in 2023.