Over the course of 2024, PeckShieldAlert has recorded $3.01 billion in losses from cryptocurrency hacks and scams. Let's analyze the different statistics around these figures.
Cryptocurrency scams and hacks: $3.01 billion stolen in 2024
On Thursday, on-chain security specialists PeckShield published a review of the year 2024 in terms of hacks and scams in the cryptocurrency ecosystem. Although the number of occurrences has been decreasing over the last 2 years, we note that the amounts involved are up by around 15% compared to 2023, with $3.01 billion worth of cryptocurrencies lost last year :
Hacks and scams in cryptocurrencies in 2024
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Of last year's total losses, PeckShield estimates that $448.5 million was recovered, the equivalent of less than 15%.
In terms of distribution, hacks represent 71% of the amounts at stake with major losses such as the 305 million dollars which led to the closure of the DMM Bitcoin exchange.
Still regarding hacks, we can also note that 53.5% of the amounts concern decentralized finance (DeFi) while the rest of these attacks targeted centralized environments. In terms of blockchain, Ethereum (ETH) is the most affected at 34.8% incidence for 47.3% of losses, followed by BNB Chain with 32.1% incidence for losses estimated as more negligible.
If the amounts lost appear to be on the rise this year, note also that the total crypto capitalization also increased by 96.8% between January 1 and December 31, 2024, thereby mechanically increasing the expectation of loot for the players. malicious.
👉 On the same subject — Cryptocurrency thefts and hacks: the month of December was the least spared in 2024
Furthermore, if 3 billion dollars is far from negligible, it is also a question of observing that this represents less than 0.09% of the current total capitalization of the cryptocurrency market. Faced with this observation, the slightest incident can quickly cause the statistics to deviate from one year to the next.
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Source: PeckShieldAlert
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Since 2021, I have devoted my free time to seriously educating myself on cryptocurrencies in order to acquire maximum knowledge and credibility. I often have the opportunity to conduct interviews with influential figures in the blockchain industry. I also conduct in-depth analyzes on Web3 themes to offer exclusive content to Cryptoast readers.
Vincent Maire
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