{"id":20219,"date":"2025-01-10T19:09:38","date_gmt":"2025-01-10T17:09:38","guid":{"rendered":"https:\/\/forklog.com\/en\/malicious-actors-cost-crypto-more-than-3bn-in-2024\/"},"modified":"2025-01-10T19:09:38","modified_gmt":"2025-01-10T17:09:38","slug":"malicious-actors-cost-crypto-more-than-3bn-in-2024","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/malicious-actors-cost-crypto-more-than-3bn-in-2024\/","title":{"rendered":"Malicious actors cost crypto more than $3bn in 2024"},"content":{"rendered":"<p>Losses from malicious activity in the crypto industry topped $3.01 billion in 2024, according to PeckShield.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/PeckShieldAlert?src=hash&#038;ref_src=twsrc%5Etfw\">#PeckShieldAlert<\/a> 2024 has witnessed a significant resurgence in crypto-related hacking activities. The total value of loss in 2024 has exceeded $3.01B, reflecting a ~15% increase over the $2.61B stolen in 2023. <br \/>This total includes $2.15B stolen from crypto hacks and $834.5M\u2026 <a href=\"https:\/\/t.co\/l58x17TE5m\">pic.twitter.com\/l58x17TE5m<\/a><\/p>\n<p>\u2014 PeckShieldAlert (@PeckShieldAlert) <a href=\"https:\/\/twitter.com\/PeckShieldAlert\/status\/1877258501623525797?ref_src=twsrc%5Etfw\">January 9, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>That marked a 15% increase on the $2.61 billion reported for 2023. In 2022, the figure was $3.15 billion.<\/p>\n<p>More than 300 recorded hacks accounted for about $2.15 billion \u2014 30% more than the previous year. The remaining $834.5 million resulted from scams.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXfTLfZWBhM25rBWGnpPRF24RC9xN2BXPAl9IQGksSvEpS3avepMKPLK68gpMJba5HZt_ApJUJbFprHljMZkoch1Y5t6kqPPk6RG8dHkfnOsZwv5skLmOdppVjbdtKkZrF1VK-e4fQ?key=B89_o33ihDtcZHTAnfNXmA3G\" alt=\"In 2024, malicious actors inflicted over $3 billion in losses on the crypto industry\"\/><figcaption class=\"wp-element-caption\">Data: PeckShield.<\/figcaption><\/figure>\n<p>Ethereum accounted for 47.3% of funds stolen over the year and 34.8% of hacks. Bitcoin ranked second by losses with 14.6% and was fourth by number of incidents, at 3.6% of attacks.<\/p>\n<p>DeFi projects remained a favoured target, with 53.5% of losses linked to breaches of decentralised protocols.<\/p>\n<p>There was also an increase in user cybersecurity lapses and poor private-key management in 2024. Such cases\u2019 share among all attacks rose from 33% to 44% versus 2023.<\/p>\n<p>The largest incidents were the hacks of <a href=\"https:\/\/forklog.com\/en\/news\/dmm-bitcoin-exchange-hacked-for-305-million\">DMM Bitcoin<\/a> with $305 million in losses, <a href=\"https:\/\/forklog.com\/en\/news\/playdapp-gaming-platform-suffers-290-million-loss-in-dual-exploits\">PlayDapp<\/a> at $290 million, and <a href=\"https:\/\/forklog.com\/en\/news\/indian-cryptocurrency-exchange-wazirx-hacked-for-234-9-million\">WazirX<\/a> at ~$230 million.<\/p>\n<p>About $488.5 million in stolen assets were recovered during 2024.<\/p>\n<p>In 2024, CertiK analysts noted a rise in phishing activity.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Losses from malicious activity in the crypto industry topped $3.01 billion in 2024, according to PeckShield. #PeckShieldAlert 2024 has witnessed a significant resurgence in crypto-related hacking activities. The total value of loss in 2024 has exceeded $3.01B, reflecting a ~15% increase over the $2.61B stolen in 2023. This total includes $2.15B stolen from crypto hacks [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":20218,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[44,1268,1246],"class_list":["post-20219","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cybercrime","tag-on-chain-analysis","tag-scammers"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/20219","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=20219"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/20219\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/20218"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=20219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=20219"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=20219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}