3 billion USD lost due to cyber attacks and cryptocurrency scams in 2024!
Blockchain security company PeckShield reported a massive loss of over 3 billion USD from attacks and scams related to cryptocurrency in 2024 — an increase of 15% compared to the previous year.
🔍 Key points:
Cyber attacks: Accounted for 2.15 billion USD (70% of total losses).
Scams: Contributed 834.5 million USD (30%).
Recovery: Approximately 488.5 million USD worth of stolen assets have been recovered so far.
Interestingly, while financial losses skyrocketed, the number of incidents has decreased since 2022, indicating some progress in security measures.
As the cryptocurrency market continues to evolve, protecting your assets is more important than ever. Always stay vigilant and invest in secure wallets as well as reliable platforms.
💬 What steps are you taking to protect your cryptocurrency assets? Share below!
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