š„ Hackers steal cryptos worth $1.4 billion globally in six months ā ReportĀ
āļø Crypto traders globally lost a total of $1.4 billion to hackers in the first six months of this year, according to researchers at TRM Labs, a crypto research firm.Ā
The six-month report showed that the amount stolen by hackers between January and June 2024 doubled what was stolen in the same period of last year.
In the first half of 2023, the value of stolen cryptos stood at $657 million.Ā
TRM Labs further disclosed that similar to 2023, a small number of large attacks made up the lionās share of the haul in 2024 as the top five hacks and exploits accounted for 70% of the total amount stolen so far this year.
It added that private key and seed phrase compromises remain a top attack vector in 2024, alongside smart contract exploits and flash loan attacks.
šŗ The largest attack
According to the report, DMM Bitcoin, a Japanese cryptocurrency exchange, suffered the largest attack so far in 2024. The theft resulted in the theft of over 4,500 BTC, valued at over USD 300 million at the time.
š¢ Io net Token price update:
The live io.net price today isĀ $2.25 USDĀ with a 24-hour trading volume of $160,371,048 USD.
šprice prediction:
io.net, IO could hit $5.43 in 2024
> io.net's price prediction for the most bearish scenario will value IO at $1.69 in 2024.
> io.net's previous All Time High was on 13 June 2024 where IO was priced at $6.43.
io.net's price at the same time last week was $3.48. It has moved by -38.55% in the past week and is currently at $2.11. Infact, in the past 24 hours, IO has dumped by -16.52%. There is a slight bearish sentiment in the crypto market. The long term sentiment,
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