According to PANews, data released by blockchain security company Immunefi reveals that the crypto industry suffered losses of $336 million due to hacker attacks and scams in the first quarter of 2024. This figure represents a decrease compared to the $437.5 million lost during the same period last year. Orbit Bridge and Munchables were the two projects with the largest losses, accounting for 43% of the total amount. However, the funds from Munchables were later recovered.
The report also highlighted that the number of attacks in the first quarter of this year decreased by 17.6% compared to the same period last year, dropping from 74 to 61 incidents.