Sunday, July 9, 2023

Centralized exchanges lost nearly $11B to hackers over the past decade

The crypto industry has lost slightly more than $30 billion to hackers since 2012, with over 30% of that ($10.95 billion) stolen from centralized exchanges, as revealed by research conducted by blockchain security firm SlowMist.

The security firm reported that between 2012 and 2023, these exchanges endured 118 hacks, with the two most significant ones occurring in 2021 and representing almost $5 billion of the overall losses.

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Publisher: CryptoSlate
Date: 2023-07-07T20:00:51 00:00
Author: Assad Jafri
Twitter: @cryptoslate
Reference: (Read more) Visit Source



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