Immunefi: The cryptocurrency industry lost approximately $110 million in July due to hacker attacks

According to The Block, Immunefi's latest data shows that the cryptocurrency industry lost approximately $110 million due to hacker attacks in July.

During the same period, the platform paid researchers $2.32 million for confirmed vulnerability reports, with the number of confirmed and completed bounty reports increasing by 18% month-over-month.

The report indicates that its audit competitions can average 6.2 critical vulnerabilities per event, compared to 1.5 for first-level audits; in July, a total of 374 threats were mitigated through the bounty program.