New knowledge from crypto safety agency ImmuneFi reveals that hackers and fraudsters stole tens of thousands and thousands of {dollars} with the blockchain of Binance being their high goal.
In a brand new thread on the social media platform X, ImmuneFi says that the crypto markets have seen an general lower in fraudulent exercise in comparison with a yr in the past, suggesting that crypto is getting safer general.
“Is crypto getting safer? The ecosystem has misplaced $1.48 billion to hackers and rug pullers YTD (year-to-date) – a 15% lower in comparison with $1.7 billion throughout the identical interval final yr. The lower can be noticeable on a month-over-month foundation.”
In accordance with ImmuneFi, despite the fact that November noticed over $71 million stolen by hackers and rug pullers, the quantity pales compared to the quantity stolen final yr.
“In November 2024, we noticed complete losses of $71 million, the second-lowest month-to-month loss this yr. Wanting on the similar interval final yr, over $343 million was misplaced.”
In its Crypto Losses in November 2024 report, ImmuneFi notes that dangerous actors focused the BNB Chain, the blockchain of the world’s largest crypto alternate by quantity, essentially the most.
In accordance with the information, main sensible contract platforms Ethereum (ETH) and Solana (SOL) and layer-1 blockchain Avalanche (AVAX) had been impacted as nicely.
“BNB Chain suffered 14 particular person assaults, representing 46.7% of the whole losses throughout focused chains. Ethereum skilled 9 incidents, representing 30% of the whole. Solana, Polygon, Fantom, Avalanche, Arbitrum, and Aptos every skilled one incident, accounting for 3.3%, respectively.”
ImmuneFi concludes by noting that buyers shouldn’t fairly have a good time the dip in numbers as dangerous actors are more and more concentrating on centralized alternate platforms, which are inclined to get hit more durable by hacks.
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