Tag: Crypto Hacks
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Crypto Hacks Surge in July as CoinDCX Breach Tops $44M
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July 2025 saw a sharp rise in crypto hacks, with cybercriminals stealing at least $142 million across 17 separate incidents, according to blockchain security firm PeckShield. This marks a 27% increase from June’s losses of $111 million, although it remains significantly lower than the $266 million stolen in July 2024. The most notable breach this…
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Crypto Scams and Hacks Surge to Over $3 Billion in 2024
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The cryptocurrency industry suffered significant setbacks in 2024 as losses from hacks and scams surged to $3.01 billion, marking a 15% increase from the $2.61 billion recorded in 2023, according to data from blockchain forensic firm PeckShield. Decentralized finance (DeFi) protocols remained the primary targets, while security vulnerabilities in both DeFi and centralized platforms were…