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Cryptopolitan 2024-02-29 19:35:52

Crypto hacks and rug pulls increase rapidly in Q1 2024

In 2024, the cryptocurrency market has seen a significant increase in losses due to hacks and rug pulls, amounting to over $200 million across 32 incidents, according to a recent report by blockchain security firm Immunefi. This represents a notable uptick of 15.4% compared to the same period in 2023 when losses totaled $173 million.

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