Data: In the first half of this year, the amount of cryptocurrency stolen by hackers and network vulnerabilities reached 1.38 billion dollars, more than doubling

ChainCatcher news, according to a report by blockchain intelligence firm TRM, the amount of cryptocurrency stolen through hacks and network vulnerabilities more than doubled in the first half of this year, reaching $1.38 billion. Among these, five major attacks accounted for 70% of the stolen cryptocurrency. Nevertheless, the amount stolen in the first half of this year is still lower than the nearly $2 billion stolen in the first half of 2022, which was also a record year for cryptocurrency theft.

TRM stated that hackers primarily steal cryptocurrency by obtaining encrypted strings such as private keys and seed phrases. The largest attack this year occurred at the Japanese exchange DMM Bitcoin, where over $300 million worth of Bitcoin and more than 4,500 tokens were stolen. The cause of the attack is still undetermined.