Hackers set an annual record for the amount of stolen funds

Based on the amount of losses and the increase in the number of incidents — from 282 in 2023 to 303 in 2024 — on average, hackers earned more than $7 million for a single successful hack.

"As the cryptocurrency market becomes increasingly large and attractive, we are seeing a rise in criminal activity," said Chainalysis.

The company's analysts reported that in the past year, one of the most popular targets of hacker attacks was centralized cryptocurrency platforms and services. Meanwhile, criminal groups actively employed sophisticated social engineering methods to obtain confidential user data, private keys, and compromise automated management systems.

Among the most notable hacks of 2024, Chainalysis experts highlighted the theft of crypto assets from the Japanese exchange DMM Bitcoin amounting to over $305 million and the hack of the Indian exchange WazirX amounting to $235 million.$AUCTION $NEIRO $CHR #2024withBinance