Follow crypto hack news, exploits, bridge attacks, protocol breaches, and security lessons from major incidents across Web3.
The balance between immutability and security in blockchain faces new tests from sophisticated exploits.
Brian Pak 5 min read 
Hacken reports blockchain security sees significant progress with a dramatic reduction in crypto hack losses in 2023.
Crypto scam decline meets a potential rise as market dynamics shift, posing new challenges for 2024.
Most of the $112 million stolen during the theft remains elsewhere.
Web3 security firm Scam Sniffer reported that these drainers stole $10 million in the past week.
Executives emphasized that Ripple's own accounts are unaffected.
The total value of assets locked on Abracadabra has tanked by more than $10 million following the incident.
According to PeckShield, 2023 saw over 600 major hacks in the crypto space that culminated in a loss of approximately $2.61 billion.
The suspicious transaction tried to move nearly half of XRP's market capitalization.
