• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Crypto Market Sees Decrease in Losses Due to Hacks in March

user avatar

by Giorgi Kostiuk

2 years ago

PeckShield's report indicates that the crypto market experienced a significant reduction in losses from hacks during March, marking a 48% decrease from February. Even though there were over 30 hacks resulting in $187.29 million in losses, $98.8 million was eventually recovered. Notably, Munchables was the most impacted project, with the majority of its value stolen and later returned. Despite this, March's losses still surpassed those of January. Overall, the first quarter of 2024 saw a 17.5% reduction in losses compared to the same period in 2023, with hacking remaining the primary method of crypto theft.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

US Debt Maturity in 2026 Could Trigger Fed's Aggressive Liquidity Expansion

chest

The upcoming maturity of $8 trillion in US debt in 2026 may lead the Federal Reserve to implement aggressive liquidity measures, reminiscent of the 2020 money-printing cycle.

user avatarMiguel Rodriguez

Bitmine's Strategic Acquisition of 46 Million in Ethereum

chest

Bitmine, a Nasdaq-listed investment firm, has made a significant purchase of 14,959 Ether for 46 million, signaling strong institutional confidence in Ethereum.

user avatarRajesh Kumar

Institutions and Exchanges Now Control 30% of Bitcoin Supply

chest

A new report reveals that nearly one-third of all circulating Bitcoin is now held by institutions, exchanges, and governments.

user avatarLuis Flores

Increased XRP Distribution May Enhance Utility and Market Confidence

chest

BD DiepSanh argues that wider distribution of XRP can enhance its utility and market confidence, potentially leading to price appreciation.

user avatarArif Mukhtar

Traders Fair Manila 2026 Set to Transform Financial Education in the Philippines

chest

The Traders Fair series returns to Manila on May 9, 2026, aiming to enhance financial literacy and connect traders with global financial institutions.

user avatarMaria Gutierrez

Ripple's Trust Charter Could Transform Cross-Border Payments

chest

Ripple's trust charter may influence innovations in cross-border payments and regulatory adaptations.

user avatarDavid Robinson

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.