The post Hackers stole $176.2m in crypto in June appeared on BitcoinEthereumNews.com.

The crypto ecosystem witnessed a surge in the number of hacks in June while the market was wandering in the bearish zone.  According to data provided by PeckShield, hackers stole $176.2 million from crypto platforms in June, recording a 54.2% decrease from May’s $574.6 million.  Data shows that the least amount of hacks so far this year happened in April, reaching $60.19 million. Per the blockchain security company’s X post, the total amount of crypto lost to hackers this year has surpassed the $1.5 billion mark. The largest hack belongs to the Turkish crypto trading platform BtcTurk, worth $100.25 million. Per a crypto.news report on June 22, the company’s hot wallets were compromised, letting the attackers breach at least 10 different cryptocurrencies. Moreover, the second-largest hack last month belonged to the British crypto exchange Lykke, where hackers stole over $22 million from the company. UwU Lend, Holograph and Velocore also made it to the top five with $19.4 million, $14.4 million and $6.8 million lost to hackers in June, respectively.  According to a report from Immunefi, the cryptocurrency ecosystem lost $572.7 million to hacks and scams in Q2 this year. 72 fraudulent incidents were recorded over the past three months. Per data from Crystal Intelligence, the crypto industry lost nearly $20 billion to hacks and scams between 2011 and March 2024. The total number of breaches has reached a total of 785. Source: https://crypto.news/report-hackers-stole-176-2m-in-crypto-in-june/

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Filed under: News - @ July 1, 2024 5:28 pm