Crypto Theft Surges: Traders lose $1.4bn to hackers in H1 2024

Cryptocurrency traders, worldwide, lost $1.4 billion to hackers in the first half of this year, according to analysts at the cryptocurrency analytics company TRM Labs.

According to the report, the total amount of money that hackers took from January to June 2024 more than doubled that of the previous year over the same period. In the first half of 2023, the value of stolen cryptos stood at $657 million.