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Crypto Heists in August Surpass $300 Million: Shattering Records and Security
In the ever-evolving landscape of the cryptocurrency industry, August 2024 marked a tumultuous period with significant financial repercussions resulting from cyber-attacks. The loss of $313.86 million in digital assets underscores the relentless threat posed by malicious actors. Phishing attacks emerged as the predominant method used in these exploits, accounting for the vast majority of the…
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16 Shocking July Crypto Heists: $266M Vanished – What Went Wrong?
crypto Hacks Skyrocket Alongside Market Boom Oh, it’s true, folks. When the crypto market starts to soar, it attracts more than just investors and enthusiasts. July was a month of fireworks with bitcoin almost kissing the $70,000 mark, barely missing by $50. Then comes the big news, the United States SEC lighting the green signal…
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Early 2024 Sees $1.4B Loss in Gaming Crypto Heists: Analysis
The Escalating Challenge of crypto Heists In a world where digital finance is evolving at an unprecedented pace, the allure of cryptocurrencies has surged, marked significantly by their increasing value. However, this rise has unfortunately paralleled an increase in digital thefts, with cryptocurrency heists escalating in both frequency and magnitude. Recent findings from blockchain researchers…