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.
Crypto Market Sees Decrease in Losses Due to Hacks in March

by Giorgi Kostiuk
2 years ago

Other news
Key Drivers Influencing MATIC Price Through 2030

Several interconnected factors will likely determine whether MATIC can achieve and sustain a 1 valuation in the coming years. Key drivers include Ethereum's development roadmap, broader cryptocurrency market cycles, and the success of network upgrades.

How Parcl and Polymarket's Prediction Markets Function.

The prediction markets created by Parcl and Polymarket will feature contracts that ask clear questions tied to Parcl's housing price indexes.

Parcl and Polymarket Introduce Real Estate Forecasting Markets.

Parcl and Polymarket have partnered to create real estate prediction markets that utilize daily housing price indexes for settlement.

Optimism Foundation Suggests OP Token Repurchase Strategy.

The Optimism Foundation has proposed a plan to allocate 50% of Superchain revenue for regular OP token buybacks, linking the token's value to network activity.

Bird Offers Reference Point for XRP Holdings

Bird provides a rough reference point of holding around 10,000 XRP, emphasizing that this is not a universal recommendation.

Political Memecoins Contribute to Market Volatility

In 2025, political memecoins such as TRUMP and LIBRA significantly amplified market volatility, generating spikes in interest during election seasons but ultimately collapsing as the hype faded.

Be the first to know about crypto news every day
Get crypto analysis, news and updates right to your inbox! Sign up here so you don’t miss a single newsletter