Web3 Projects Have Lost More Than $401M to Hackers in 2024: Immunefi

The chart of the day is presented by crypto.com, the leading crypto platform trusted by over 80 million users worldwide. Let's take a look at the chart of the day. According to immune, a bug bounty and security services platform, 53 million $74,827 were lost in April due to hacks and fraud across 21 incidents bringing the year to date total loss to over $400 million. Most of the April sum was lost in hedge finance, an unchained token infrastructure provider which incurred a of over $44 million and grand base, a real world asset tokenization protocol that lost 2 million D I was the main target with C I not seeing a single major attack in April. The most targeted chains were Ethereum and BMB chain representing more than 80% of total losses across chains. That's it for today's chart of the day. I'm Jen San Asi. We will see you next time to unpack more of the data behind top news stories.