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.

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A Quick Summary

bulletArrow$1,433,749,533.00 was lost to hacks in the first half of 2024.

bulletArrowMay was the most expensive month, with $347.1 million lost in 35 incidents.

bulletArrowSmart Contract Vulnerabilities and Phisings were the most common types of exploits.

bulletArrowEthereum experienced the highest number of security breaches with 150 incidents, resulting in $172.90 million in losses.

bulletArrow$111,798,031 of the hacked value was recovered.

bulletArrowDMM Bitcoin hack took the spotlight with a $304M loss.

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