Crypto losses stemming from hacks, rug pulls up 112% YoY – Imm | Bitcoin Ethereum and NFTs News 📲
Crypto losses stemming from hacks, rug pulls up 112% YoY – Immunefi
The crypto ecosystem experienced significant losses in the second quarter of 2024, with a total of $572.7 million lost due to hacks and frauds — up 112% compared to the same period a year ago, according to Immunefi’s latest quarterly breakdown report. Meanwhile, year-to-date (YTD) losses due to hacks and frauds have reached $920.9 million, a 24% increase compared to the previous year’s $702.9 million.
