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In January 2024, the blockchain industry lost $205 million as regulatory measures gradually improved.
Overview of Security Incidents and Policy Developments in the Blockchain Industry in January 2024
In January 2024, the losses caused by security incidents in the blockchain industry significantly increased compared to the previous month. This month, there were more than 34 typical security incidents, with total losses of approximately $205 million, an increase of 93% compared to December 2023. Among them, losses from hacker attacks were about $161 million, phishing scams resulted in losses of approximately $33.31 million, and Rug Pull losses amounted to about $11 million.
Notable significant events include: Ripple co-founder Chris Larsen's personal account was hacked for $112 million, and the South Korean Web3 social music service SOMESING suffered an attack resulting in a loss of $11.58 million. In addition, several incidents occurred this month where personal addresses lost over a million dollars due to phishing.
In terms of regulation, several countries and regions have introduced new policy measures:
In terms of industrial development:
In terms of application promotion:
There are also new developments in the Web3 field:
Overall, although security incidents are still frequent, regulatory measures in various countries are gradually improving, and the application of Blockchain technology is continuously expanding. The future development of the industry faces both challenges and opportunities.