Immunefi Report: The cryptocurrency industry lost over $343 million in November due to hacking and fraud cases

ChainCatcher news, according to the latest report from the Web3 bug bounty platform Immunefi, the cryptocurrency industry lost over $343 million in November 2023 due to hacking and fraud cases, setting a record for the highest monthly loss this year. Compared to the approximately $22 million loss in October, the loss amount in November increased by more than 15 times.

According to Immunefi statistics, so far this year, cryptocurrency hacking and rug pull incidents have resulted in cumulative losses of over $1.75 billion, involving 296 incidents.