PeckShield analysts reported that hackers stole $176.2 million from cryptocurrency trading platforms in June. This is three times less than in May, when the losses of platforms dealing with digital assets amounted to $574.6 million.

When the crypto market was “wandering in the bear zone,” the number of hacks dropped sharply — about 20 hacker attacks were carried out in June. At the same time, the smallest number of hacks in 2024 occurred in April, when hackers managed to appropriate crypto assets worth $60.19 million.

The total amount of crypto assets that have been stolen by hackers since the beginning of the year has exceeded $1.5 billion. According to PeckShield estimates, the largest hack in June was the Turkish cryptocurrency exchange BtcTurk, which lost $100.25 million. The exchange’s hot wallets were compromised, which allowed the hackers to steal at least 10 different cryptocurrencies.

The second largest hack in June occurred on the British crypto exchange Lykke. Hackers stole 158 BTC and 2,161 ETH worth more than $22 million from the site. The top five also included the UwU Lend, Holograph and Velocore protocols with losses of $19.4 million, $14.4 million and $6.8 million, respectively.

Previously, PeckShield analysts warned that hackers are quickly adapting and changing their methods of stealing funds, choosing the most vulnerable platforms. Attackers began to look less frequently for vulnerabilities in smart contracts and focused on phishing.