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Immunefi’s 2024 report reveals $1.5 billion lost in 232 incidents, with CeFi key breaches driving major hacks. Early 2025 losses have already exceeded last year’s total. Hacks accounted for 98.1% of losses, with CeFi losses surging while DeFi losses fell. Most hacked projects never fully recover, signaling ongoing vulnerabilities in the blockchain industry.
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