The cryptocurrency market lost $313 million last month due to over ten different hacker attacks, according to data from PeckShield. Of the total funds stolen, 93.5% came from two major attacks, including a theft of 4,000 Bitcoins (BTC). In addition to the theft from WazirX, an unknown whale lost over 4,000 BTC, valued at about $238 million at the time of the attack. In another attack, a large investor lost about $55.4 million in Dai (DAI) due to a phishing attack. The Ronin Network also suffered a loss of nearly $18 million, but managed to recover $12 million. The decentralized finance protocol Nexera suffered a theft of $1.83 million due to a smart contract manipulation. The market lost $1.21 billion in digital assets in 2024. The losses in August were some of the lowest in 2024.
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