🤔 Why Did $ETH & $SOL Suffer The Most From Hacks in H1 2024?
A new report from Blockaid reveals a major shift in the targets of crypto hacks for the first half of 2024, with two top chains bearing the brunt of the attacks.
- Ethereum remains the hardest-hit blockchain, consistently topping the charts for financial losses from various exploits and scams.
- In a significant change, Solana has overtaken Arbitrum to become the network with the second-highest losses, driven largely by major key compromises.
- This trend underscores the persistent security risks on major Layer 1s, reminding investors and users to be extra cautious with wallet permissions and asset protection.
Which chain do you think needs to improve its security more urgently? Share your thoughts below! 👇
$ETH $SOL #CryptoNews #Security #Blockchain
Disclaimer: This is not financial advice. DYOR.
A new report from Blockaid reveals a major shift in the targets of crypto hacks for the first half of 2024, with two top chains bearing the brunt of the attacks.
- Ethereum remains the hardest-hit blockchain, consistently topping the charts for financial losses from various exploits and scams.
- In a significant change, Solana has overtaken Arbitrum to become the network with the second-highest losses, driven largely by major key compromises.
- This trend underscores the persistent security risks on major Layer 1s, reminding investors and users to be extra cautious with wallet permissions and asset protection.
Which chain do you think needs to improve its security more urgently? Share your thoughts below! 👇
$ETH $SOL #CryptoNews #Security #Blockchain
Disclaimer: This is not financial advice. DYOR.