Crypto Hackers Stole Half as Much in August as They Did in July, Says Immunefi !!

According to a recent report from Immunefi, cryptocurrency losses due to hacks and fraud saw a significant decrease in August.

Specifically, total losses amounted to roughly $15 million across five incidents in August. This marks the lowest monthly total year-to-date and a 94.5% decrease from July which saw $274 million in assets stolen.

Even though we saw year-low losses this month, the year-to-date total for 2024 is $1,210,741,330. These funds were lost to hacks and rug pulls across 154 incidents, a 15.5% increase from the same period in 2023.

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