2024

Lykke

Planet

Velocore

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 Despite the overall bearish trend in the crypto market, June saw an uptick in exploitations within the sector. 
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According to <a style="color: #0000ff;" href="https://x.com/peckshieldalert/status/1807662261148029227?s=46" rel="noopener noreferrer nofollow">a report from blockchain analytics platform PeckShield Alert</a>, hackers stole $176.2 million worth of digital assets from cryptocurrency platforms in June. However, this figure represents a 54.2% decrease from May’s losses, which totalled $574.6 million.
The data reveals that the sector recorded the lowest amount of stolen assets so far this year in April 2024, at approximately $60.19 million, while June registered the second-lowest amount. Notably, 60% of these major hacks targeted decentralized finance (DeFi) protocols, while the remaining 40% affected centralized finance (CeFi) protocols.
<blockquote class="twitter-tweet">
 <a href="https://twitter.com/hashtag/PeckShieldAlert?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#PeckShieldAlert</a> June 2024 witnessed 20+ hacks in the crypto space, resulting in ~$176.2 million in losses. This marks a decrease of 54.2% from May 2024 (w/ ~$385m in hackers’ profits).<a href="https://twitter.com/hashtag/Top?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Top</a> 5 Hacks:<a href="https://twitter.com/hashtag/Btctruk?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Btctruk</a>: $100.25 million (CeFi)<a href="https://twitter.com/hashtag/Lykke?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Lykke</a>: $22 million (CeFi)<a href="https://twitter.com/hashtag/UwULend?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#UwULend</a>: $19.4… <a href="https://t.co/83XzWf82kw" rel="noopener noreferrer nofollow">pic.twitter.com/83XzWf82kw</a>
 — PeckShieldAlert (@PeckShieldAlert) <a href="https://twitter.com/PeckShieldAlert/status/1807662261148029227?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 1, 2024</a>
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According to PeckShield, the top five platform hacks in June were BTCTurk ($100.25 million), Lykke ($22 million), <a style="color: #0000ff;" href="https://defi-planet.com/2024/06/uwu-lend-under-attack-19-5-million-stolen-and-counting-says-cyvers-alerts/" rel="noopener noreferrer nofollow">UwULend</a> ($19 million), Hologram ($14.4 million) and Velocore ($6.8 million).&nbsp;
Meanwhile, blockchain security platform ImmuneFi<a style="color: #0000ff;" href="https://defi-planet.com/2024/06/immunefi-report-crypto-hacks-and-rug-pulls-double-in-q2-2024-causing-573-million-in-losses/" rel="noopener noreferrer nofollow"> recently published its report for Q2 2024</a>, indicating that the crypto industry suffered losses of $573 million during this period. Of this total, $564,238,811 was lost to hacks across 53 incidents, while $8.4 million was stolen through fraud in 19 specific cases.
The ImmuneFi report highlighted a significant year-over-year increase, with Q2 2024 losses up 112% compared to Q2 2023, when hackers and fraudsters stole $265,481,519. The report also noted that CeFi protocols were the primary target, accounting for 70% of successful hacks.
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The post <a href="https://defi-planet.com/2024/07/crypto-industry-lost-176-2m-to-hackers-in-june-2024-peckshield-report/" rel="noopener noreferrer nofollow">Crypto Industry Lost $176.2M to Hackers in June 2024 — PeckShield Report</a> appeared first on <a href="https://defi-planet.com" rel="noopener noreferrer nofollow">DeFi Planet</a>.

Crypto Industry Lost $176.2M to Hackers in June 2024 — PeckShield Report

DeFi Planet

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