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Neela
@neela
New Data by Alto Highlights Growing Shift Toward Crypto Asset Diversification in IRAs The crypto industry saw its worst quarter for hacks, losing $1.64 billion across 40 incidents—a 4.7x increase from Q1 2024. The Bybit hack alone accounted for $1.46 billion, linked to North Korea's Lazarus Group. CeFi suffered 94% of losses, while DeFi hacks fell 69% YoY to $106.8 million. BNB Chain surpassed Ethereum as the most targeted network. Only $6.5 million (0.4%) of stolen funds were recovered. No fraud cases were reported, a sharp decline from last year. Immunefi remains a key player in blockchain security, paying $112 million in bounties.
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