Crypto losses from hacks and scams soared by 113% in Q2 2024 to reach $572M
Losses from scams and exploits increased in the second quarter as centralized exchanges lost millions, reversing a previous downtrend.
![Crypto losses from hacks and scams soared by 113% in Q2 2024 to reach $572M](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDYvZjE4MjA1YjctM2RmMy00ZWUwLWI4ZmMtMDg4MDZiNDBiY2FlLmpwZw==.jpg?#)
Losses from scams and exploits increased in the second quarter as centralized exchanges lost millions, reversing a previous downtrend.
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