Web3 Lost $38.9 Million to Bad Actors in First Month of 2024: Quantstamp

On January 16, Socket, a multichain protocol, suffered a security breach due to a vulnerability in user verification input, allowing hackers to steal nearly 2,000 ETH, valued at over $4 million.

Full story: https://cryptonews.com/news/web3-lost-38-9-million-to-bad-actors-in-first-month-of-2024-quantstamp.htm