The cryptocurrency industry experienced significant losses due to hacks and scams in the first quarter of the year, totaling $336.3 million. This represents a 23.1% decrease compared to the same period last year. In March 2024 alone, over 30 hacking incidents were reported, resulting in approximately $187 million in losses. However, nearly $98.8 million of the stolen funds were recovered, marking a 48% reduction in losses from February 2024. Notable hacks included the Munchables (Juice affected) and CurioNetwork, with the former seeing $97 million recovered.
$100M IN CRYPTO STOLEN IN MARCH HACKS RECOVERED: PECKSHIELD - Blockchain security firm @peckshield has revealed that nearly $100 million in digital assets stolen during March hacks have been successfully recovered. - According to PeckShield's data released on April 1, a total… https://t.co/yURDAHkO3l https://t.co/ZHaKeC72Ex
PeckShieldAlert: March 2024 witnessed 30+ hacks in the crypto space, resulting in ~$187.29 million in losses, with ~$98.8 million recovered. This marks a decrease of ~48% from February 2024. Top5 hacks: 1. Munchables (Juice affected): $97 million (recovered) 2. CurioNetwork:… https://t.co/WEOfFOYarv
The crypto market witnessed over $187 million in losses due to hacks in March, with nearly $99 million recovered https://t.co/RwRUyzUl3h
#PeckShieldAlert March 2024 witnessed 30+ hacks in the crypto space, resulting in ~$187.29 million in losses, with ~$98.8 million recovered. This marks a decrease of ~48% from February 2024. #Top5 hacks: #Munchables (#Juice affected): $97 million (recovered) #CurioNetwork: $40… https://t.co/u3zejt9Ygn
In the first quarter of the year, the crypto industry lost $336.3 million to hacking, 23.1% less than last year https://t.co/HAabOzsZRU
🚨 Crypto losses due to hacks and scams hit $336 million in Q1.