🚀 Web3 Alert: Access Control Hacks on the Rise! 🚀

• 2024 sees a surge in access control vulnerabilities, causing 75% of crypto hack losses across DeFi, CeFi, and gaming/metaverse sectors.

• Losses hit $1.7B, with CeFi giants like DMM Exchange and WazirX losing $500M+ combined.

• DeFi shines with a 40% drop in losses thanks to improved security, especially in cross-chain bridges.

• Gaming/metaverse still struggle, facing $389M in losses.

🔑 Stronger private key security & advanced multisig management are key!

What do you think about these trends? Share your thoughts below! 💬