Immunefi: Cryptocurrency industry losses from hacking and fraud this year have exceeded $1.19 billion

The latest report from Immunefi, a Web3 bug bounty and security service platform, shows that the crypto industry has lost more than $1.19 billion in 149 hacking and scams so far this year, and another $269.4 million in vulnerability attacks occurred in July. The total amount lost this year has increased by 16.3% compared to the same period in 2023, when the loss in the same period last year was $1.02 billion. (Theblock)