In June 2024, cryptocurrency hacks saw a significant decline. Hackers stole approximately $176 million, marking a 54.2% decrease from May's $385 million losses.

🌐💡 Crypto Hacks Declined in June:

PeckShield reported over 20 security breaches, significantly lower than previous months.

The largest hack targeted BtcTurk, resulting in $100 million in losses, followed by Lykke with $22 million.

DeFi platform UwU suffered a $19.4 million hack, ranking third for the month.

📉 Compared to 2023:

Q2 2024 witnessed $572 million in losses from crypto scams, more than double from the same period in 2023.

Centralized exchanges suffered the most, with losses reaching $401 million, up 984% from last year.

DeFi losses totaled $171 million, a 25% decrease from Q2 2023.

💬 Stay tuned for more crypto insights! 👍 Remember, the crypto landscape evolves rapidly, so stay informed and stay safe in your investments.

🚨 Disclaimer: Cryptocurrency investments involve risk. Always do thorough research before investing.

#Binance