Coin World News reports:
According to a report released by blockchain research institute TRM Labs on Friday, July 7th, as reported by IT Home, the first half of 2024 has seen a surge in global cryptocurrency thefts, with the amount more than doubling compared to the same period last year. This is primarily attributed to a few large-scale attack incidents and the rise in cryptocurrency prices.
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The report reveals that as of June 24, 2024, hackers have stolen cryptocurrencies valued at over 1.38 billion US dollars (noted by IT Home to be approximately 10.049 billion yuan), whereas the figure was only 657 million US dollars during the same period in 2023. Additionally, the average amount stolen per incident this year has increased by 50% compared to last year.
One of the largest cryptocurrency thefts to date this year involved an “unauthorized disclosure” incident at the Japanese cryptocurrency exchange DMM Bitcoin, resulting in a loss of approximately 308 million US dollars’ worth of Bitcoin.
Cryptocurrency companies are often targets of hacker and cyber attacks, but such large-scale loss events are not common.