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The Daily Hodl 2024-05-31 20:00:31

Crypto Sector Losses to Hacks and Fraud Are Down 20% Year-on-Year, According to Bug Bounty Platform Immunefi

A new report from bug bounty platform Immunefi shows that crypto losses due to hacks and fraud plummeted over the past year. According to Immunefi, the crypto sector saw 108 specific incidents of hacks and rug pulls in 2024 year-to-date. The financial losses amounted to $473,229,944, or 20% less than the $595,438,324 lost during the The post Crypto Sector Losses to Hacks and Fraud Are Down 20% Year-on-Year, According to Bug Bounty Platform Immunefi appeared first on The Daily Hodl .

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