Crypto Saw Lowest Monthly Losses to Hacks in August YTD: Immunefi | Chart of the Day

Data from Immunefi shows there was a total loss of $15 million due to hacks last month, marking the lowest monthly losses year-to-date. In total, there was a loss of more than $1.2 billion to hacks and frauds this year, representing a 16% increase when compared to the same period last year. These losses were primarily driven by over $358 million lost in May and $274 million lost in July. CoinDesk's Jennifer Sanasie presents the "Chart of the Day." #cryptocurrency #digitalfinance #finance #bitcoin #crypto Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk?sub_confirmation=1 Site: https://www.coindesk.com Twitter: https://www.twitter.com/coindesk LinkedIn: https://www.din.com/company/coindesk/ Instagram: https://www.instagram.com/coindesk Facebook: https://www.facebook.com/CoinDesk Newsletters: https://www.coindesk.com/newsletters CoinDesk Podcast Network: https://open.spotify.com/show/2jyIhkvAQhed8AWDZiPpSP Markets Daily Crypto Roundup: https://open.spotify.com/show/7sDXM8BlxsUqzL2IqmLqwE CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community.