Hackers stole $ 1 billion in cryptocurrency in 2024

In November 2024, cryptocurrency fraudsters stole more than $ 71 million through hacker attacks, project manipulation (rug pulls), and other criminal activities. According to CertiK, a company specializing in blockchain security, a total of 47 incidents resulted in the loss of more than $ 43.3 million through exploits, $ 15.2 million through manipulation, and $ 12.4 million through flash credits.

The BNB Chain blockchain suffered the most damage, becoming the target of 24 attacks, from which about $ 14.9 million was stolen. Among the most high-profile incidents was the GRVT exploit with a loss of $ 6 million. In addition, the Ethereum blockchains ETH $3,864.00 Bridged Ether (StarkGate) -3.55% Market capitalization $0.34 billion VOL. 24 hours $1.92 billion and Base were also hit, losing $ 12.2 million and $ 3.9 million, respectively.

The largest incident of the month occurred on the Hybrid project, where $ 13.3 million was stolen. It was followed by Vulcan Forged with $ 8.3 million in losses due to manipulation and Attic Labs with $ 3.8 million in losses due to an exploit.

Overall, in 2024, losses from fraud and attacks on the crypto market have already reached $ 966 million. Although this is significantly less compared to $ 3.1 billion in 2022, experts note that the threat level remains high, especially due to the vulnerability of decentralized platforms.

To minimize the risks, experts advise users to carefully check projects before investing, avoid suspicious platforms, and use multi-level systems to protect their assets.