Study: Crypto Losses 28% Lower in May; Attackers Primarily Targeting Defi Platforms

Updated: November 30, 2024



In May, cybercriminals were less successful in their attacks on decentralized platforms, resulting in losses attributed to hacks and fraud incidents amounting to approximately $52.4 million. During the same period last year, digital assets worth $59.3 million were lost to similar attacks. Gala Games, which incurred a loss of $21 million, and Sonnefinance with $20 […]



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