Crypto hacks and rug pulls increase rapidly in Q1 2024

In 2024, the cryptocurrency market has seen a significant increase in losses due to hacks and rug pulls, amounting to over $200 million across 32 incidents, according to a recent report by blockchain security firm Immunefi. This represents a notable uptick of 15.4% compared to the same period in 2023 when losses totaled $173 million….