New knowledge from crypto safety agency ImmuneFi reveals that hackers and fraudsters stole tens of hundreds of thousands of {dollars} with the blockchain of Binance being their prime goal.
In a brand new thread on the social media platform X, ImmuneFi says that the crypto markets have seen an total lower in fraudulent exercise in comparison with a yr in the past, suggesting that crypto is getting safer total.
“Is crypto getting safer? The ecosystem has misplaced $1.48 billion to hackers and rug pullers YTD (year-to-date) – a 15% lower in comparison with $1.7 billion throughout the identical interval final yr. The lower can be noticeable on a month-over-month foundation.”
In line with ImmuneFi, although November noticed over $71 million stolen by hackers and rug pullers, the quantity pales compared to the quantity stolen final yr.
“In November 2024, we noticed complete losses of $71 million, the second-lowest month-to-month loss this yr. Trying on the similar interval final yr, over $343 million was misplaced.”
In its Crypto Losses in November 2024 report, ImmuneFi notes that unhealthy actors focused the BNB Chain, the blockchain of the world’s largest crypto alternate by quantity, probably the most.
In line with the info, main good contract platforms Ethereum (ETH) and Solana (SOL) and layer-1 blockchain Avalanche (AVAX) have been impacted as nicely.
“BNB Chain suffered 14 particular person assaults, representing 46.7% of the overall losses throughout focused chains. Ethereum skilled 9 incidents, representing 30% of the overall. Solana, Polygon, Fantom, Avalanche, Arbitrum, and Aptos every skilled one incident, accounting for 3.3%, respectively.”
ImmuneFi concludes by noting that buyers shouldn’t fairly rejoice the dip in numbers as unhealthy actors are more and more focusing on centralized alternate platforms, which are likely to get hit more durable by hacks.
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