PANews reported on March 27 that according to The Block, based on the latest report from Immunefi, a Web3 vulnerability bounty and security service platform, the crypto industry is about to end the quarter with the most severe hacking in history, with 40 incidents causing losses of $1.64 billion so far. Compared to the first quarter of 2024, losses increased 4.7 times, when hackers stole approximately $348.3 million, despite the number of attacks decreasing by 36% from 63. Most of the losses came from Bybit's record $1.46 billion in February.