Crypto Market Sees Decrease in Losses Due to Hacks in March

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.

Rewards

More rewards

Discover enhanced rewards on our social media.

Other news

Iran's Economic Crisis Deepens Amid Currency Collapse

Iran is facing a severe economic crisis as the rial collapses, driven by hyperinflation, drought, and international sanctions.

Tando Nkube2 minutes ago

The Evolution of Dividend Reinvestment Plans in 2026

Broker-sponsored DRIPs have become the preferred method for reinvesting dividends, offering advantages over traditional company-sponsored plans. Investors are increasingly using broker-sponsored DRIPs for dividend reinvestment in 2026.

Ayman Ben Youssef2 minutes ago

BNB Chain Reports Strong Network Metrics

BNB Chain released its weekly data snapshot covering January 1 to January 7, 2026, revealing strong network metrics with high daily active users and total transactions.

Kofi Adjeman11 minutes ago

BNB Chain Introduces Super Instructions for Enhanced Performance

On January 14, 2026, BNB Chain developers announced the implementation of Super Instructions on BNB Smart Chain to enhance Ethereum Virtual Machine execution efficiency.