Losses from crypto hacks and scams declined by 40% year-over-year in the third quarter of 2024, falling to just $413 million, according to a Sept. 26 report from blockchain security platform Immunefi.
On Feb. 21, 2025, attackers exploited vulnerabilities in Bybit’s cold wallet infrastructure, siphoning off $1.5 billion in Ethereum in the largest exchange hack to date. Investigations linked the ...
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