In 2024, the crypto world witnessed significant milestones, such as Bitcoin surpassing $100,000, alongside a troubling rise in cyberattacks that resulted in over $3 billion in losses across 303 incidents. The Top 5 Crypto Hacks of 2024 exposed severe vulnerabilities in both centralized and decentralized platforms. Key incidents included the $505M DMM Bitcoin hack due to private key mismanagement, the $434.9M WazirX breach exploiting a flawed multi-signature wallet, and the $304M PlayDapp attack caused by smart contract vulnerabilities. Additional losses came from Orbit Chain's cross-chain weaknesses ($102–105M) and Radiant Capital's $98M DeFi malware breach. These events highlight the urgent need for robust private key management, rigorous smart contract audits, and advanced threat detection systems. Learn more at Kripto Radar. https://en.kriptoradar.com/top-5-crypto-hacks-2024/

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