Hackers have grown more sophisticated and continue to rake in billions of dollars from crypto exploits.

The good news? There isn’t any—2024 has officially surpassed last year’s totals for stolen funds, with months of hacks piling on to an already record-breaking year. 

By Q3 2024, blockchain intelligence firm TRM Labs reported that over $2.2 billion had been stolen in crypto hacks—exceeding the $1.8 billion lost in all of 2023. 

Now, as the year comes to a close, the total continues to climb. Analysis reveals that thefts weren’t limited to the experimental world of decentralized finance, or DeFi; centralized crypto exchanges were also prime targets. 

Here are the biggest crypto heists of 2024.

DMM Bitcoin’s $308 million

Japanese crypto exchange DMM Bitcoin lost over 4,500 BTC—worth $308 million at the time—to hackers back in May.

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Author: Mathew Di Salvo