On December 30, 2024, the Blockchain Bandit moved 51,000 ETH, transferring it from ten wallets in batches of 5,000 ETH each. The stolen funds had been inactive since January 21, 2023, prompting concerns over the safety of private keys.
In 2024, hackers in the cryptocurrency space caused losses over 2.3 billion USD. This figure marks a sharp 40% rise from 2023, with 81% of losses linked to access control vulnerabilities on exchanges.
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