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July Crypto Hacks: $266M Lost, WazirX Hit Hardest
July 2024 was marked by a surge in crypto hacks, with $80 million stolen in 12 major incidents.
July 2024 was marked by a surge in crypto hacks, with $80 million stolen in 12 major incidents
On July 10, a DeFi platform lost $25 million due to a vulnerability in its smart contract
A major cryptocurrency exchange was hacked on July 15, with $30 million taken from user accounts
Another DeFi project was targeted on July 22, resulting in $15 million lost to a liquidity pool security flaw
These attacks highlight the increasing sophistication of crypto hacks and the urgent need for better security measures