A new report from Crystal Intelligence reveals that the crypto sector has suffered losses totaling $22.7 billion through scams and cybersecurity breaches since 2011. Ethereum remains the most targeted asset, accounting for about $2 billionin losses. Although the number of incidents fell 44% year-over-year, total financial damage rose by 33%, reaching $3.6 billion—driven in large part by high-value thefts like the $1.5 billion Bybit hack. 

Source: The National