Over $1.8b in digital assets were lost across 751 security incidents in 2023. While the amount is still huge, it is 51% lower than in 2022, when losses to hacks and other incidents reached $3.7b.
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Crypto hack losses declined 51% in 2023
"The growth of bug bounty platforms and other proactive security measures is a good sign. Hopefully, we will see a continued decline in losses throughout 2024."
