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Shocking Drop in August: Crypto Thefts Halve Compared to July, Reveals Immunefi
In the swiftly evolving digital landscape, August emerged as a noteworthy month, marking a pivotal decrease in cryptocurrency losses attributable to hacks and fraudulent activities. This significant downtrend, as revealed in a recent analysis by Immunefi, saw total losses dwindle to $15,082,000 across five distinct episodes. This figure represents the lowest monthly total observed year-to-date…
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2024 Bitcoin Heist: Crypto Thefts Skyrocket, Reports Cybersecurity Firm
The Alarming Rise in Cryptocurrency Thefts in 2024: A Call to Reinforce Digital Asset Security The first half of 2024 has witnessed a notable surge in cryptocurrency thefts, raising alarms across the digital finance space. Reported incidents reveal that hackers have managed to steal more than twice the amount of cryptocurrency compared to the first…