Half Yearly Web3 Security Report 2024
In H1 2024, the Web3 space faced 395 security incidents, leading to $1.4 billion in losses. Smart contract vulnerabilities and phishing were the most common attack vectors.
A quick summary
01
$1,433,749,533.00 was lost to hacks in the first half of 2024.
02
May was the most expensive month, with $347.1 million lost in 35 incidents.
03
Smart Contract Vulnerabilities and Phisings were the most common types of exploits.
04
Ethereum experienced the highest number of security breaches with 150 incidents, resulting in $172.90 million in losses.
05
$111,798,031 of the hacked value was recovered.
06
DMM Bitcoin hack took the spotlight with a $304M loss.
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