Protect Your Crypto Assets: What You Need to Know About Recent Hacking Incidents 🛡️
Stay informed about the latest hacking incidents in the crypto space to protect your assets and avoid potential losses. Here’s a summary of the key findings from the recent report by Immunefi:
The Significant Rise in Crypto Hacks 📈
- Immunefi’s report revealed that July witnessed a total of $269,439,252 stolen in fourteen hacking and fraud incidents.
- This marked a substantial 90% increase compared to the previous month.
Key Highlights:
- July 2024 – $269,439,252 stolen in 14 incidents
- 90% increase from the previous month
Impact of Centralized Finance and North Korean Crypto Hackers 🎯
- Centralized Finance (CeFi) surpassed Decentralized Finance (DeFi) in total losses.
- CeFi accounted for a significant portion of the funds lost, with a single incident resulting in $235,000,000 in losses.
Notable Observations:
- CeFi – 87% of total losses in July
- North Korean hackers involved in notable crypto attacks
Primary Targets: Ethereum and BNB Chain 🎯
- Ethereum and BNB Chain were the most targeted chains in July, comprising 71.4% of total losses across chains.
- Ethereum experienced the highest number of attacks, with seven incidents recorded.
Key Chain Targets:
- Ethereum – 50% of total losses
- BNB Chain – 21.4% of losses
Protect Your Assets with Immunefi Bounty Rewards 💰
- Immunefi offers over $157 million in bounty rewards to safeguard crypto assets.
- The platform has already paid out more than $100 million in bounties while saving over $25 billion in user funds.
Hot Take: Safeguard Your Crypto Assets with Immunefi Bounty Rewards! 🛡️
Stay proactive in protecting your crypto assets by staying informed about recent hacking incidents and leveraging platforms like Immunefi to secure your investments.
Sources:
– Immunefi
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