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August’s Shocking Surge: Over $313M Vanished in Crypto Hacks
In the intricate and evolving landscape of digital finance, the issue of security continues to be a pivotal concern. Among the myriad threats that lurk within the digital realm, phishing attacks stand out for their cunning ability to deceive and extract substantial wealth from unsuspecting victims. It is of paramount importance to delve into the…
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80% of Cryptos Fail to Bounce Back After Hacks, Reveals Immunefi
In the ever-evolving landscape of cryptocurrency, the resilience of crypto tokens in the face of exploits has become a focal point of discussion. The recent happenings in the crypto world have highlighted a critical aspect – not all tokens are equally vulnerable post-exploit. This analysis aims to delve deeper into the resilience of crypto tokens…
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57% of Top 100 DeFi Hacks Stem from Offchain Vulnerabilities – Protect Your Assets Now
In the evolving landscape of blockchain and cryptocurrency, the security of smart contracts has emerged as a paramount concern among developers and investors alike. Despite technological advancements and more robust security measures, the threat posed by hackers remains substantial. Analyzing this juxtaposition of improved security protocols against the backdrop of escalating illicit activities, we delve…
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Reclaiming Security: How WazirX Is Reversing a $230 Million Hack’s Damage
In the evolving landscape of cryptocurrency exchanges, the resilience of platforms in the face of cyberattacks has become a paramount concern. One such recent incident has thrust the issue back into the spotlight, involving the Indian cryptocurrency exchange known for its sizable user base and trading volumes. In a striking turn of events, this platform…
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British Hacker’s Master Plan Unveils $530M Crypto Heist Through Celeb Hacks
The Huge Hollywood Hacking: Celebrities’ Accounts Compromised The world of Hollywood and cryptocurrencies collided recently in a scandal that’s as shocking as it is intriguing. High-profile celebrities found their digital spaces invaded, leading to the promotion of scam meme coins that fooled thousands. The mastermind? Known connections lead us back to a notorious hacker with…
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Crypto Gamers Alert: $1.4B Looted in Hacks by Mid-2024, Report Reveals
Unprecedented Surge in crypto Theft: Navigating New Challenges In the digital realm where cryptocurrencies steadily climb the ladder of financial prominence, recent months have unveiled an alarming uptick in cyber theft, stirring widespread concern and calling for urgent protective measures. A recent analysis by blockchain experts at TRM Labs has shone a stark light on…
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Warning: Compound and Celer DeFi Services Suffer Wallet Drainage Hacks
When Security Breaches Strike: Unpacking Recent DeFi Domain Attacks In the rapidly evolving world of decentralized finance (DeFi), staying one step ahead of potential security threats is a constant battle. Two prominent DeFi projects, Compound and Celer Network, recently found themselves at the forefront of this battle, falling victim to critical domain attacks that put…
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June Sees Sharp Decline in Cryptocurrency Theft Despite Major Exchange Hacks
Crypto Hack Losses in June Decline The cryptocurrency realm witnessed a notable decrease in hack losses this June, with the figures tumbling down by an impressive 54.2% from the previous month. This translates to approximately $176 million being siphoned off due to nefarious activities, a reduction from a much larger sum of $385 million seen…
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Crypto Hacks and Fraud Cost $500 Million in Q2
The Digital Economy’s Invisible Threat: A Deep Dive into Crypto Hacks and Fraud The digital frontier of cryptocurrency has been facing an invisible yet formidable threat that seems to be gaining momentum. Recent findings have revealed a stark increase in the amount of money lost due to hacks and fraud within the crypto space, signaling…
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Zynga And Forte – Blockchain
In a bid to create blockchain-based games, Zynga has entered into a strategic partnership with software maker Forte