BlockThreat - Week 26, 2024

Farcana | XiaoPANG | ApeMAGA | Cardano

Greetings!

Only $284K stolen this week across 4 incidents. Quiet weeks like this is a reason to celebrate. However, after covering this space for 5+ years, I feel a bit paranoid that another major hack is just around the corner. If we look at the stats, things are definitely not improving. $1.2B were stolen in 2024 so far which is double of what we have seen in H1 of 2023 ($624M). The number of incidents is also 4x from the past year. So enjoy this brief break and gather up strength for many battles ahead.

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Let’s dive into the news!