Crypto platforms report over $3.63 billion in cyberattack losses

Cryptocurrency platforms have sustained more than $3.63 billion in losses due to cyberattacks. Data from CoinGecko indicates that security audits do not guarantee protection against these incidents. Over 60% of the platforms that suffered financial losses had completed independent security audits prior to the breaches. This suggests that existing audit processes are not sufficient to prevent all forms of exploitation. Monitor whether platforms adjust security protocols or audit standards in response to these findings.