Crypto hacks drop 44% YoY in January, CeFi top target with $69M loss
Crypto hacks dropped 44% year-over-year in January, but CeFi remains the prime target, accounting for 93% of total losses, Immunefi said.
Cryptocurrency hackers continue stealing user funds, but cybertheft in January was less than stolen in the year-earlier period, flashing a positive sign for the crypto industry.
Crypto hackers stole over $73 million worth of digital assets across 19 individual incidents in January, marking a 44% decrease from $133 million in January 2024.
Still, January’s $73 million was a ninefold month-over-month increase from December, when hackers only stole $3.8 million worth of cryptocurrency, according to a Jan. 30 Immunefi report shared with Cointelegraph.
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Author: Zoltan Vardai
