Crypto Losses Estimated at $127 Million in November, Balancer Exploit Leads

In November 2024, the cryptocurrency sector experienced significant losses totaling $127 million from security breaches, contract exploits, and scams, as reported by blockchain security firm CertiK. This figure reflects net losses after recovering $45 million from incidents affecting DeFi platforms and exchanges. Balancer exploit led with over $113 million in losses, highlighting vulnerabilities in liquidity [...]