Cryptocurrency Security Sees Significant Improvement with 20% Decrease in Losses from Hacks and Rug Pulls in 2024

Cryptocurrency Security Improvements in 2024
In a positive development for the cryptocurrency market, losses from hacks and rug pulls experienced a notable 20% decrease in 2024. This progress signifies a growing focus on enhancing security measures to protect investors and digital assets. The month of May alone saw $52.37 million in losses, with Ethereum and BNB Chain emerging as the most targeted cryptocurrencies.
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