{"id":22682,"date":"2024-06-12T20:00:39","date_gmt":"2024-06-12T17:00:39","guid":{"rendered":"https:\/\/coinengineer.io\/?p=22682"},"modified":"2024-06-12T17:57:08","modified_gmt":"2024-06-12T14:57:08","slug":"crypto-hacks-reached-19-billion-in-13-years-crystal-intelligence","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/crypto-hacks-reached-19-billion-in-13-years-crystal-intelligence\/","title":{"rendered":"Crypto Hacks Reached $19 Billion in 13 Years: Crystal Intelligence"},"content":{"rendered":"
In the last 13 years, $19 billion worth of digital assets have been lost<\/a> as a result of various attacks; The single largest crypto theft was $2.9 billion stolen during the 2019 Plus Token scam.\u00a0The cryptocurrency industry has suffered 785 reported hacks and attacks in the last 13 years.<\/div>\n
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According to a report shared by Crystal Intelligence, $19 billion worth of digital assets have been stolen in the 13 years since the first known crypto hack<\/a> was reported on June 19, 2011.<\/div>\n
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The single largest crypto theft is the 2019 Plus Token scam, in which attackers seized $2.9 billion worth of Bitcoin and Ethereum.<\/div>\n
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Over the past two years, the $290 million security breach at PlayDapp, which occurred in February 2024, represents the largest single crypto heist.<\/div>\n
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During the same period, the JPEX investment scam in Hong Kong was recorded as the largest single crypto scam, with $194.3 million worth of crypto stolen.<\/div>\n
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Crypto hacks and attacks remain one of the biggest hurdles hindering mainstream trust and adoption. Crypto hacks in 2024 may surpass 2023; With $542.7 million worth of stolen funds in the first quarter of 2024, a 42% increase was observed compared to the same period in 2023.<\/div>\n
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Most Hacks in 2023, But Biggest Losses in 2022<\/h2>\n
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Even though the most crypto-related hacks were reported in 2023, 2022 is still known as the \u201cdeadliest year by value,\u201d according to Crystal Intelligence. In 2022, digital assets worth $2.3 billion were stolen as a result of a total of 286 attacks.<\/div>\n
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However, $4.2 billion worth of digital assets were stolen in 2022, which is almost double the amount stolen in 2023. Still, the number of incidents was 199, which was 30% less than the 286 hacking incidents reported in 2023.<\/div>\n
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According to the Crystal Intelligence report, \u201cDespite advanced monitoring and reporting mechanisms, illicit activity on the blockchain continued to grow in 2023 and 2024.\u201dClick here<\/a> to follow for more news!<\/p>\n

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You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0Telegram,\u00a0<\/strong><\/a>YouTube<\/strong><\/a>,\u00a0and\u00a0Twitter<\/strong><\/a>\u00a0channels for the latest news and updates.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

In the last 13 years, $19 billion worth of digital assets have been lost as a result of various attacks; The single largest crypto theft was $2.9 billion stolen during the 2019 Plus Token scam.\u00a0The cryptocurrency industry has suffered 785 reported hacks and attacks in the last 13 years. According to a report shared by<\/p>\n","protected":false},"author":6,"featured_media":19378,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,2],"tags":[6800,6801,6802],"class_list":["post-22682","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-genel","category-news","tag-crypto-hack","tag-crypto-hack-19-billion","tag-crystal-intelligence"],"yoast_head":"\nCrypto Hacks Reached $19 Billion in 13 Years: Crystal Intelligence - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/crypto-hacks-reached-19-billion-in-13-years-crystal-intelligence\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crypto Hacks Reached $19 Billion in 13 Years: Crystal Intelligence - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"In the last 13 years, $19 billion worth of digital assets have been lost as a result of various attacks; The single largest crypto theft was $2.9 billion stolen during the 2019 Plus Token scam.\u00a0The cryptocurrency industry has suffered 785 reported hacks and attacks in the last 13 years. 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