New information from crypto safety agency ImmuneFi reveals that hackers and fraudsters stole tens of thousands and 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.”
Based on ImmuneFi, although 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 complete losses of $71 million, the second-lowest month-to-month loss this yr. Wanting on the similar 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 trade by quantity, probably the most.
Based on the information, main good contract platforms Ethereum (ETH) and Solana (SOL) and layer-1 blockchain Avalanche (AVAX) have been impacted as properly.
“BNB Chain suffered 14 particular person assaults, representing 46.7% of the overall losses throughout focused chains. Ethereum skilled 9 incidents, representing 30% of the overall. Solana, Polygon, Fantom, Avalanche, Arbitrum, and Aptos every skilled one incident, accounting for 3.3%, respectively.”
ImmuneFi concludes by noting that traders shouldn’t fairly have a good time the dip in numbers as dangerous actors are more and more concentrating on centralized trade platforms, which are likely to get hit more durable by hacks.
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