Hackers Stole $2.2B in 2024, Largely Through Private Key Compromises

Hackers stole $2.2 billion in 2024, targeting centralized exchanges and exploiting private key vulnerabilities most successfully as the year progressed. While that figure is up more than 20% from 2023’s $1.8 billion, it’s far below the $3.3 billion and $3.7 billion stolen in 2021 and 2022, respectively. There was a sharp drop in attacks in the second half of 2024, which had been on track for a $3 billion year through July. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io