May was the biggest month in terms of crypto losses in 2024 so far, with nearly $385 million in net losses suffered from crypto hacks.
Net losses from cryptocurrency hacks and exploits in June fell 54.2% from May.
According to data from the crypto analytics firm PeckShield, approximately 20 hacking incidents were reported in the crypto space in June, leading to a net loss of nearly $176 million. This is a significant decrease of 54.2% from May when hackers made off with $385 million.
The BtcTurk crypto exchange exploit was the biggest hack for June, and the hackers got away with over $100 million in crypto assets, according to Peckshield data.