The post Unveiling March 2024’s Top 5 Crypto Hacks appeared first on Coinpedia Fintech News
In March 2024, the crypto space, experienced a mixed episode, with over 30 hacking cases recorded, resulting in a staggering $187.29 million. The tremendous losses caused by the theft do not steal the show entirely. About $98.8 million, accounting for more than half of the funds were returned, demonstrating the crypto community’s power in the fight against hackers.
The analysis by Peckshiled alert shows a stunning decrease of the losses by 48% compared to last month which saw hacks amounting to $360 million and suggests a change in the methods used by the hackers and the strengthening of the measures of security among different platforms.
Top Five Hacks of the Month
1. Munchables: The NFT gaming platform Munchables, which is on the layer 2 Blast blockchain network struggled with a major attack where thieves walked away with assets worth $62 million. On a good note, the hacker tu
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