Crypto Theft is on the Rise Again: Losses Due to Hackers and Fraudsters Increase by 112% in the Second Quarter
Crypto theft is on the rise again: losses for hackers and fraudsters increase by 112% in Q2. Cryptocurrency theft has increased dramatically in Q2. Losses from hacks and fraud have increased by 112% to a staggering $572 million in the last quarter. The latest data shows that the number of affected individuals is over a million. The sharp rise in criminal activity followed a period of declining oil prices. The decline in malware activity is a cause for concern, as it has contributed to scaling crypto losses. Stay vigilant and protect your assets.
