Crypto Hackers and Rug Pullers Steal $71,021,500 in November With BNB Chain Emerging As the Top Target
New data from crypto security firm ImmuneFi reveals that hackers and fraudsters stole tens of millions of dollars with the blockchain of Binance being their top target. In a new thread on the social media platform X, ImmuneFi says that the crypto markets have seen an overall decrease in fraudulent activity compared to a year ago, suggesting that crypto is getting safer overall. “Is crypto getting safer? The ecosystem has lost $1.48 billion to hackers and rug pullers YTD (year-to-date) – a 15% decrease compared to $1.7 billion during the same period last year. The decrease is also noticeable on a month-over-month basis.” According to ImmuneFi, even though November saw over $71 million stolen by hackers and rug pullers, the number pales in comparison to the amount stolen last year. “In November 2024, we saw total losses of $71 million, the second-lowest monthly loss this year. Looking at the same period last year, over $343 million was lost....