Tag: Cryptocurrency Hack

Cryptocurrency Hack Losses Decreased by 44.6% Year-over-Year in January

A recent report from Immunefi, a platform specializing in Web3 bug bounties and security services, details the cryptocurrency industry’s losses from hacking incidents in January 2025. Significant Increase in Monthly Losses The industry faced losses totaling $73.9 million from 19 different hacking events. This figure represents a staggering ninefold increase compared to the previous month.