Hackers steal $2.2bn from crypto platforms

New York: Funds stolen by hacking cryptocurrency platforms surged 21 per cent from a year ago to $2.2 billion in 2024, a report from blockchain analysis firm Chainalysis showed on Thursday.

The hacking amount exceeded $1 billion for the fourth straight year and the number of incidents rose to 303 from 282 in 2023, it said. Hackers had stolen $1.8 billion in 2023.

The rise in crypto heists comes as bitcoin jumped 140pc this year to surpass $100,000 mark, drawing institutional participation...