$16M in crypto lost to hacks in August: Report By Cointelegraph
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© Reuters.
A total of $15.8 million in cryptocurrencies was lost to hacks or exploits in the month of August.
According to an Aug. 31 report by blockchain security firm Immunfi, a combined $23.4 million in crypto was lost to a combination of hacks and fraud, a significant decrease compared with the $320.5 million lost in July. All exploits consisted of attacks against decentralized finance (DeFi) protocols, and not a single incident affected centralized finance entities.
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© Reuters.
A total of $15.8 million in cryptocurrencies was lost to hacks or exploits in the month of August.
According to an Aug. 31 report by blockchain security firm Immunfi, a combined $23.4 million in crypto was lost to a combination of hacks and fraud, a significant decrease compared with the $320.5 million lost in July. All exploits consisted of attacks against decentralized finance (DeFi) protocols, and not a single incident affected centralized finance entities.
Continue Reading on Coin Telegraph
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