This report provides an in-depth review of key regulatory aspects and anti-money laundering (AML) events in 2024, analyzes major blockchain security incidents, and shares data on laundering methods and gains by North Korean hackers.
Blockchain Security
In 2024, 410 security incidents were recorded, resulting in losses amounting to $2.013 billion, a 19.02% decrease from 2023. The DeFi sector remained the most targeted, accounting for 82.68% of all attacks.
Top 10 Incidents and Rug Pull
Major security incidents in 2024 were accompanied by significant losses, with Ethereum and BSC experiencing the highest damages. In 2024, 58 Rug Pull cases were reported, resulting in approximately $106 million in losses.
Anti-Money Laundering Trends
Cryptocurrency regulation underwent significant changes in 2024, including the implementation of the European MiCA and increased measures in the US. Over $112 million in assets were frozen throughout the year.
The year 2024 underscored the importance of strict security standards and effective AML measures in the blockchain industry as the number of security incidents and their impacts proved significant.
