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Crypto losses from hacks and scams soared by 113% in Q2 2024 to reach $572M

Losses from scams and exploits increased in the second quarter as centralized exchanges lost millions, reversing a previous downtrend.

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Crypto losses from hacks and scams soared by 113% in Q2 2024 to reach $572M

Losses from scams and exploits increased in the second quarter as centralized exchanges lost millions, reversing a previous downtrend.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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