Crypto hacks surge in 2024, but how the reason reportedly is not hackers

Crypto hacks have reportedly more than doubled in the first seven months of 2024, with stolen funds reaching $1.6 billion, according to blockchain analytics firm Chainalysis, as reported by Bloomberg. While the number of hacks only increased slightly from 145 to 149, the value of stolen funds skyrocketed due to the surge in digital asset prices.