Published 2 years ago

$1.9 billion stolen in crypto hacks so far this year, report says

Summary by Ground News

In the same period last year, stolen funds from hacking amounted to $1.2 billion. DeFi applications are financial platforms that enable crypto-denominated lending outside of traditional banks. Chainalysis estimates that so far this year, North Korea-affiliated groups have stolen approximately $1 billion of cryptocurrency from DeFi protocols.

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Times of India

Losses from crypto hacks surged 60% to $1.9 billion in Jan-July: report

DeFi applications, many of which run on the Ethereum blockchain, are financial platforms that enable crypto-denominated lending outside of traditional banks.

2 years ago·India

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Reuters

Losses from crypto hacks surged 60% to $1.9 billion in Jan-July -Chainalysis

Losses arising from cryptocurrency hacks jumped nearly 60% in the first seven months of the year to $1.9 billion, propelled by a surge in funds stolen from decentralized finance (DeFi) protocols, according to a blog post from blockchain analysis firm Chainalysis released...

2 years ago·United Kingdom

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CNN

Report: $1.9 billion stolen in crypto hacks so far this year

A staggering $1.9 billion worth of cryptocurrency was stolen in hacks of various services in the first seven months of this year, marking a 60% increase from the same period in the year prior, according a report released Tuesday from blockchain analysis firm Chainalysis.

2 years ago·Atlanta, United States

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KRDO

Report: $1.9 billion stolen in crypto hacks so far this year

By Jennifer Korn, CNN BusinessA staggering $1.9 billion worth of cryptocurrency was stolen in hacks of various services in the first seven months of this year, marking a 60% increase from the same period in the year prior, according to a report released Tuesday from blockchain analysis firm Chainalysis.The surge comes even as the value of many cryptocurrencies plunged in the first half of this year. The report attributed much of the spike to hac…

2 years ago·Colorado Springs, United States

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KIFI

Report: $1.9 billion stolen in crypto hacks so far this year - Local News 8

By Jennifer Korn, CNN BusinessA staggering $1.9 billion worth of cryptocurrency was stolen in hacks of various services in the first seven months of this year, marking a 60% increase from the same period in the year prior, according a report released Tuesday from blockchain analysis firm Chainalysis.The surge comes even as the value of many cryptocurrencies plunged in the first half of this year. The report attributed much of the spike to hacks …

2 years ago·Idaho Falls, United States

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KVIA

Report: $1.9 billion stolen in crypto hacks so far this year

By Jennifer Korn, CNN BusinessA staggering $1.9 billion worth of cryptocurrency was stolen in hacks of various services in the first seven months of this year, marking a 60% increase from the same period in the year prior, according a report released Tuesday from blockchain analysis firm Chainalysis.The surge comes even as the value of many cryptocurrencies plunged in the first half of this year. The report attributed much of the spike to hacks …

2 years ago·Panama City, United States

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