The worth of stolen cryptocurrencies greater than doubled in early 2024, pushed by giant assaults and rising costs
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The worth of stolen crypto currencies has greater than doubled within the first six months of 2024 in contrast with the earlier yr. That is largely as a result of a small variety of giant assaults and rising cryptocurrency costs.
Hackers have stolen greater than $1.38 billion (€1.26 billion) price of crypto as of 24 June 2024, in contrast with $657 million (€601 million) throughout the identical interval in 2023, TRM Labs mentioned in a report.
The restoration in change charges has contributed to the rise. Bitcoin reached a document excessive of $73,803 (€67,591) in March of this yr. Since then, the speed has fallen considerably.
The United Nations has accused North Korea of utilizing cyber assaults to assist fund its nuclear and missile programmes. North Korea has constantly denied these accusations.