• News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Market Cap
  • Shop
What's Hot

What Is a DEX? How DEXs Work and Why They Matter

2025-05-21

What Is Blockchain? Blockchain Technology Explained for Beginners

2025-05-21

Creator of over 100 memecoins says rug pulls are the ‘easiest way to make money’

2025-05-18
Facebook Twitter Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Financial Disclosure
Twitter Instagram YouTube
Crypto Semantic
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT

    All Eyes on Art: Upcoming Collections to Watch the Week of January 28

    2025-02-03

    Op-Ed: The Artist and the Artificial Sublime

    2025-01-20

    Zora launches onchain NFT secondary markets with Uniswap

    2024-08-12

    NFT sales surge led by DMarket on Ethereum

    2024-08-12

    Top NFT Collections by Sales This Week: DMarket Surges Ahead

    2024-08-11
  • Metaverse

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    2024-12-13

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    2024-10-28

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    2024-09-05
  • Analysis

    Analyst Says Momentum Is Going To Switch to Ethereum, Predicts Capital Rotation to Altcoins

    2024-02-20

    Bitcoin Price Rally In Jeopardy? Decoding Key Hurdles To More Upsides

    2024-02-19

    Arweave’s AR token hits 18-month high amid rapid growth and innovation

    2024-02-19

    Largest Bitcoin Whales Gobble Up Nearly $13,000,000,000 Worth of BTC in 2024 Alone: Santiment

    2024-02-19

    NEAR Skyrockets 30% – Investors Intrigued By These Metrics

    2024-02-19
  • Learn

    What Is a DEX? How DEXs Work and Why They Matter

    2025-05-21

    What Is Blockchain? Blockchain Technology Explained for Beginners

    2025-05-21

    A Beginner’s Guide to Blockchain Consensus

    2025-05-16

    Blockchain Layers Explained for Beginners: L1, L2, L3 Solutions

    2025-05-16

    A Beginner’s Guide to Crypto

    2025-05-16
  • Market Cap
  • Shop
Crypto Semantic
Home»Scams»Crypto losses hit $67 million in February, pushing yearly losses to $200 million – Immunefi
Crypto losses hit $67 million in February, pushing yearly losses to $200 million – Immunefi
Scams

Crypto losses hit $67 million in February, pushing yearly losses to $200 million – Immunefi

2024-03-01No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Crypto business losses amounted to $67 million in February over 12 incidents, with hacks accounting for 97.54% of funds stolen, in accordance with Immunefi’s newest crypto losses report.

In the meantime, the remaining 2.46% of the funds stolen had been misplaced as a consequence of fraud.

Regardless of the numerous losses through the month, there was a notable lower in comparison with January 2024, hinting at attainable enhancements in safety measures or elevated vigilance inside the crypto neighborhood, the report mentioned.

February numbers

Crypto gaming platform PlayDapp and decentralized trade FixedFloat accounted for almost all of losses with $32.35 million and $26.1 million, respectively. Duelbits, a web-based on line casino with crypto options, misplaced $4.6 million.

Collectively, these losses accounted for $63.05 million of February’s $67.07 million complete losses. The remaining losses had been unfold throughout a number of platforms, with solely RiskOnBlast and Blueberry Protocol dropping greater than $1 million.

In accordance with the report, Ethereum was probably the most focused chain with 12 assaults, whereas initiatives on BNB Chain and Bitcoin suffered one assault every through the month.

All the incidents focused DeFi platforms and providers, whereas CeFi didn’t expertise a single loss.

Yearly losses at $200 million

Crypto losses in February fell 50% in comparison with the $133 million misplaced in January throughout numerous incidents.

Mixed losses for the 12 months now stand at $200 million — 15.4% larger in comparison with the identical interval a 12 months in the past.

Immunefi’s January and February stories omitted sure assaults, together with a $6.4 million assault on Seneca, a $6.2 million assault on LastPass customers, a $6.5 million assault on the MIM stablecoin, and, most notably, a $112 million assault on Ripple co-founder Chris Larsen’s private pockets.

See also  MetaMask Says Recent Hacking of Ethereum Wallets Has Nothing To Do With Its Wallet Software

If included, these hacks would deliver the whole quantity misplaced to $198.1 million February and $398.1 million year-to-date.

Source link

Crypto February Hit Immunefi losses Million pushing Yearly
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Creator of over 100 memecoins says rug pulls are the ‘easiest way to make money’

2025-05-18

Jan 2024 SEC’s X account hacker got 14 months in prison for cyber fraud

2025-05-17

A Beginner’s Guide to Crypto

2025-05-16

How an insider-led breach sparked a costly scam at Coinbase

2025-05-15
Add A Comment

Leave A Reply Cancel Reply

Top Posts
Altcoins

What Ethereum exchange holdings tell you about its price predictions

2023-12-20

Journalist Posted: December 20, 2023 ETH’s alternate reserve has fallen to an all-time low. ETH…

NFT

$1M Fund For Next-Gen NFTs Amid Market Turbulence

2023-08-28

Expressing their conviction that breakthroughs gained’t originate solely from profile image NFTs like Bored Ape…

DeFi

Top DeFi Projects Lead Fee Generation, Uniswap Dominates

2024-09-19

With decentralized exchanges and lending platforms repeatedly pulling in excessive charges, the decentralized finance (DeFi)…

Subscribe to Updates

Get the latest news and Update from Crypto Semantic about Crypto, Metaverse and NFT.

About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, NFT, Metaverse and more.

We're social. Connect with us:

Twitter Instagram
Popular Post

Ethereum co-founder praises Gary Gensler as ‘shining knight of decentralization’

2023-03-16

Robinhood Wallet Launches Exclusive NFT Giveaway From Notable.art

2024-02-27

Japanese Government Mulls Promoting NFTs in Sport

2023-04-07

Get the latest news and Update from Crypto Semantic about Crypto, Metaverse and NFT.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Financial Disclosure
© 2025 cryptosemantic.com. Designed by ProdigitalX.

Type above and press Enter to search. Press Esc to cancel.

  • Kinza Babylon Staked BTCKinza Babylon Staked BTC(KBTC)$83,270.000.00%
  • Vested XORVested XOR(VXOR)$3,404.231,000.00%
  • ICPanda DAOICPanda DAO(PANDA)$0.003106-39.39%
  • bitcoinBitcoin(BTC)$111,292.001.67%
  • ethereumEthereum(ETH)$2,651.892.09%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.430.24%
  • binancecoinBNB(BNB)$680.641.72%
  • solanaSolana(SOL)$178.762.61%
  • usd-coinUSDC(USDC)$1.000.00%
bitcoin
Bitcoin (BTC) $ 111,372.84
ethereum
Ethereum (ETH) $ 2,660.21
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.43
bnb
BNB (BNB) $ 682.04
solana
Solana (SOL) $ 179.19
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.241052
cardano
Cardano (ADA) $ 0.803563
tron
TRON (TRX) $ 0.27754