{"id":132550,"date":"2024-07-07T08:00:11","date_gmt":"2024-07-07T05:00:11","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=132550"},"modified":"2024-07-06T22:25:04","modified_gmt":"2024-07-06T19:25:04","slug":"ethereum-ecosystem-loses-400-million-in-2024-exploits","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/ethereum-ecosystem-loses-400-million-in-2024-exploits\/","title":{"rendered":"Ethereum Ecosystem Loses $400 Million in 2024 Exploits"},"content":{"rendered":"<p>SlowMist\u2019s 2024 mid-year <strong><a href=\"https:\/\/www.slowmist.com\/report\/first-half-of-the-2024-report(EN).pdf\" rel=\"nofollow\">report<\/a><\/strong> reveals that <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/ethereum\/\">Ethereum<\/a><\/strong> suffered the most significant losses, followed by <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/arbitrum\/\">Arbitrum<\/a><\/strong> with $72.46 million and Blast with $70 million.<\/p>\n<p>Additionally, Binance Smart Chain (BSC) experienced the most security incidents, with 57 breaches resulting in approximately $32.12 million in losses.<\/p>\n<p>The report details that the digital assets industry faced 223 security incidents in the first half of 2024, leading to $1.43 billion in losses, a significant increase from the $920 million lost in the same period in 2023.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-132479\" href=\"https:\/\/cryptodnes.bg\/en\/crypto-trader-predicts-ethereum-surge-and-bullish-altcoin-phase\/\" title=\"Crypto Trader Predicts Ethereum Surge and Bullish Altcoin Phase\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/07\/pexels-jievani-ethereum-64453116-8175569-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Crypto Trader Predicts Ethereum Surge and Bullish Altcoin Phase<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>SlowMist highlights that decentralized finance (DeFi) was the most targeted sector, with 158 incidents accounting for nearly 71% of all cases and $659 million in losses. This represents a 37.29% increase in DeFi-related losses compared to the first half of 2023.<\/p>\n<p>SlowMist identifies contract vulnerabilities and exit scams as the primary causes of these exploits, responsible for 56 and 50 incidents, respectively. The escalating losses and incidents underscore the growing need for enhanced security measures within the crypto ecosystem.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cybersecurity firm SlowMist reports that the Ethereum ecosystem has lost $400 million to exploits so far this year, amid a 50% rise in crypto hacking incidents.<\/p>\n","protected":false},"author":3,"featured_media":132551,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[26],"tags":[385,426,424,271],"coin_category":[],"class_list":["post-132550","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocrime","tag-arbitrum","tag-binance","tag-crypto","tag-ethereum"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ethereum 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