New information from crypto safety agency ImmuneFi reveals that hackers and fraudsters stole tens of hundreds of thousands of {dollars} with the blockchain of Binance being their prime goal.
In a brand new thread on the social media platform X, ImmuneFi says that the crypto markets have seen an total lower in fraudulent exercise in comparison with a yr in the past, suggesting that crypto is getting safer total.
“Is crypto getting safer? The ecosystem has misplaced $1.48 billion to hackers and rug pullers YTD (year-to-date) – a 15% lower in comparison with $1.7 billion throughout the identical interval final yr. The lower can also be noticeable on a month-over-month foundation.”
In accordance with ImmuneFi, regardless that November noticed over $71 million stolen by hackers and rug pullers, the quantity pales compared to the quantity stolen final yr.
“In November 2024, we noticed whole losses of $71 million, the second-lowest month-to-month loss this yr. Trying on the identical interval final yr, over $343 million was misplaced.”
In its Crypto Losses in November 2024 report, ImmuneFi notes that dangerous actors focused the BNB Chain, the blockchain of the world’s largest crypto alternate by quantity, essentially the most.
In accordance with the info, main sensible contract platforms Ethereum (ETH) and Solana (SOL) and layer-1 blockchain Avalanche (AVAX) had been impacted as nicely.
“BNB Chain suffered 14 particular person assaults, representing 46.7% of the entire losses throughout focused chains. Ethereum skilled 9 incidents, representing 30% of the entire. Solana, Polygon, Fantom, Avalanche, Arbitrum, and Aptos every skilled one incident, accounting for 3.3%, respectively.”
ImmuneFi concludes by noting that buyers shouldn’t fairly rejoice the dip in numbers as dangerous actors are more and more concentrating on centralized alternate platforms, which are likely to get hit more durable by hacks.
Do not Miss a Beat – Subscribe to get e-mail alerts delivered on to your inbox
Examine Price Action
Comply with us on X, Facebook and Telegram
Surf The Daily Hodl Mix
 
Disclaimer: Opinions expressed at The Every day Hodl aren’t funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your personal threat, and any losses you could incur are your duty. The Every day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Every day Hodl an funding advisor. Please be aware that The Every day Hodl participates in online marketing.
Generated Picture: Midjourney
