Crypto Hacking Losses Halved in 2023 Funds stolen by hackers | Crypto | Ethereum | Bitcoin
Crypto Hacking Losses Halved in 2023
Funds stolen by hackers from cryptocurrency platforms fell by over 50% in 2023 compared to the previous year. However, the number of individual hacking incidents rose, indicating that hacking remains a significant threat for crypto investors. In 2022, hackers stole a record $3.7 billion from crypto platforms. But, according to a new report from the blockchain analytics firm Chainalysis, in 2023, that figure dropped to around $1.7 billion, representing a decrease of 54%.
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