Crypto Stolen by Hackers Doubles to $1.38 Billion This Year

The amount of cryptocurrency stolen through hacks and network exploits more than doubled to $1.38 billion in the first six months of the year, according to the blockchain intelligence firm TRM.

Five large attacks accounted for 70% of all the crypto that was stolen. Like in 2023 and other years, a small number of attacks constituted the majority of stolen funds.

The amount of crypto plundered this year, however, is still below the nearly $2 billion that was stolen in the first six months of 2022, the record year for crypto thievery.

Source: TRM

Like this year, the prices of cryptocurrencies ...