March 2024 witnessed a series of crypto hacks, with more than 30 cases reported, resulting in losses totaling $187.29 million. However, the community managed to recover over $98.8 million, showcasing their ability to fight back against hackers.

Research from Peckshield Alert indicated a 48% decrease in losses compared to the previous month, suggesting that hackers are changing their tactics while platforms are improving their security measures.

1. Munchables: The NFT gaming platform Munchables faced a $62 million cyberattack but the hacker returned the stolen funds, marking a positive turn of events.

2. CurioNetwork: The platform experienced a hack that led to a $40 million loss of digital assets, impacting the project's funds significantly.

3. PrismaFinance: The DeFi protocol suffered losses of $11.6 million due to an exploit. The hacker, claiming to be a white hat, demands team identification for secure fund return.

4. NFP: Hackers exploited vulnerabilities in the Non-Fungible Protocol, resulting in a $10 million loss, highlighting ongoing security threats in the crypto space.

5. WooFi: The company faced an $8.5 million hack, utilizing a flash loan attack on the Arbitrum network. The manipulation of WOO tokens' value posed a major challenge.

Efforts to enhance cybersecurity in the crypto world demonstrate a united front against security breaches, emphasizing the importance of safeguarding financial assets and maintaining trust in the industry.

Stay updated on crypto trends and security measures as we delve into the realm of crypto hacks!