Fewer people are falling for crypto scams, lowest rate in four years

Crypto hackers have already stolen $1.9 billion worth of cryptocurrency during the first seven months of 2022, a 37% increase from the same time period last year.

According to a report from Chainalysis, a blockchain data platform, illegal crypto activity has risen via hacking and stolen funds. 

The report found that $1.9 billion worth of crypto had been stolen in hacks of different cryptocurrency services through July 2022, whereas July 2021 saw just under $1.2 billion stolen.