The number of hacker attacks in Q3 2024 dropped to a three-year low of just 28 incidents, with $463.6 million stolen. 😲 However, 95% of these funds were lost forever, which is alarming.

Hacken analysts note that only three projects were able to return the stolen assets. Asia suffered the most, losing $264 million.

The main attacks are related to control over seed phrases and functions, as well as reentrancy attacks.