Global Cryptocurrency Theft Surges in First Half of 2024

TapTechNews July 7th news, according to the report released by the blockchain research organization TRMLabs on Friday, the number of global cryptocurrency theft cases has increased significantly in the first half of 2024, and the amount is more than twice that of the same period last year. This is mainly due to a few large-scale attack events and the rise in cryptocurrency prices.

The report shows that as of June 24, 2024, the value of cryptocurrency stolen by hackers this year exceeds 1.38 billion US dollars (TapTechNews note: currently about 10.049 billion Chinese yuan), while it was only 657 million US dollars in the same period in 2023. In addition, the average amount of each theft case this year is also 50% higher than that in the same period last year.

So far this year, one of the largest cryptocurrency theft cases is the unauthorized leak incident that occurred at the Japanese cryptocurrency exchange DMMBitcoin, losing bitcoins worth about 308 million US dollars.

Cryptocurrency companies are often the targets of hacker attacks and cyberattacks, but such large-scale loss events are not very common.