Peckshield reports Crypto Hacks Surge in May 2024; More than $574 Million Stolen

The post Peckshield reports Crypto Hacks Surge in May 2024; More than $574 Million Stolen appeared first on Coinpedia Fintech News As reported by blockchain analytics firm Peckshield, in May 2024, there were almost 30 incidents of hacking into cryptocurrencies, with a total theft of approximately $574.6 million. This represents a staggering 666 percent increase from the figure recorded in April 2024. Cybercriminals stole about $385 million, and most of the stolen amount was successfully funnelled …