PANews reported on January 10 that according to the PeckShield report, there were more than 300 cryptocurrency hacking incidents in 2024, with total losses reaching $2.15 billion, a 30% increase from 2023 ($1.51 billion). May was the peak of the year, with 28 attacks causing losses of $574.6 million. Hackers still target DeFi protocols as their main target, but the proportion of attacks against individuals and organizations has risen to 46% (33% in 2023), mainly taking advantage of weak private key management and insufficient security practices.

Ethereum became the most frequently attacked blockchain, accounting for 34.8% of the total number of incidents and 47.3% of the losses, followed by Bitcoin, partly due to price increases. The gaming industry suffered heavy losses, totaling $502 million, of which the PlayDapp vulnerability caused a loss of $290 million.

PeckShield: There will be more than 300 hacker attacks in the crypto industry in 2024, with DeFi protocols being the main target