Crypto losses from hacks and scams surged in Q2 2024, with centralized exchanges like DMM and BtcTurk hit hardest. Ethereum and BNB Smart Chain remain prime targets for attackers.
Key Insights
Crypto losses from hacks and scams nearly doubled in Q2 2024 compared to the same period in 2023.
Centralized exchanges, previously considered relatively safe in 2023 and early 2024, were the main targets in the last quarter, accounting for over 70% of stolen funds.
Hacks on DMM and BtcTurk exchanges made up over 60% of all losses in Q2.
Ethereum and BNB Smart Chain were the most targeted by attackers.
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