Report: This year's cryptocurrency vulnerabilities resulted in losses of nearly $1.4 billion

ChainCatcher message, according to the mid-year Web3 security report by cybersecurity company Cyvers, as centralized exchanges become new attack hotspots, the total amount of stolen cryptocurrency funds has approached $1.4 billion so far this year. In the second quarter of 2024, total cryptocurrency losses exceeded $600 million, a 100% increase compared to the same period last year. The report states that the main reason for the surge in stolen funds is that losses from centralized exchanges have increased by 900%.