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These Were Top Crypto Hacks of July

source-logo  u.today 01 August 2024 08:21, UTC

According to data provided by blockchain security company PeckShield, a whopping $266 million worth of crypto was stolen by hackers last month.

Of course, the WarizX hack comes at the top of the list. The prominent centralized Indian exchange lost $266 million worth of crypto. Recently, the exchange launched a recovery plan that allows users to immediately get access to 55% of their assets.

The $24 million hack of decentralized cryptocurrency borrowing and lending platform Compound comes in second place with $24 million worth of crypto.

Berlin-based cryptocurrency trading aggregator LI.FI comes in third place with $8 million. As reported by U.Today, the protocol's prebridge swapping feature ended up being exploited once again.

Minterest, MonoSwap, and DeltaPrime are also among notable hacks.

u.today