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Cumulative losses from cryptocurrency hacks exceeded $120 million in September, marking the second-lowest monthly losses from hacks in 2024 after April. Centralized exchanges remain frequent targets for crypto hackers, leading to significant losses month after month. In September, crypto exchanges BingX and Indodax accounted for more than half of the $120 million in losses. Blockchain investigation firm Peckshield noted that the total losses of $120.23 million were spread across over 20 hacks. Centralized exchanges remain vulnerableSeptember saw a 61.7% decrease in losses from hacks compared t…

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