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Hacked crypto funds falls 98% YoY to $1.9 billion as US leads | DeFi & Ethereum News

Hacked crypto funds falls 98% YoY to $1.9 billion as US leads attacks: Report

According to crypto security firm Hacken’s end-of-year report, last year marked a notable reduction in the scale of financial damages from hacks and scams. Total losses amounted to $1.9 billion, starkly contrasting the staggering figures recorded in previous years. The decrease in lost value signals a significant advancement in the industry’s efforts to fortify security measures and address vulnerabilities more effectively.

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