In recent months, several significant cryptocurrency hacks have impacted the Bitcoin (BTC) and wider crypto landscape. Notably, in 2024, a major breach occurred on the **FixedFloat** platform, where hackers stole 409 BTC, worth approximately $21 million, and 1,728 ETH (about $4.85 million). This hack is one of the biggest of the year, with the stolen funds being transferred to multiple platforms, and the method of attack remains under investigation, possibly involving phishing or an exploit of wallet vulnerabilities [[❞]](https://www.ccn.com/education/crypto/crypto-hacks-exploits-full-list-scams-vulnerabilities/) [[❞]](https://cryptomode.com/news/2024-crypto-hack-key-facts/).
In another high-profile incident, **Ripple** co-founder Chris Larsen suffered a personal hack in which $112.5 million in various cryptocurrencies was stolen from his accounts. This theft briefly affected the value of Ripple's XRP token before law enforcement froze a portion of the stolen funds [[❞]](https://www.bankinfosecurity.com/cryptohack-roundup-2024s-biggest-heist-a-24240).
These attacks are part of a broader trend in 2024, with the crypto world seeing increased incidents of fraud, hacks, and vulnerabilities, emphasizing the ongoing risks in digital asset security.