$19 Billion Lost to Crypto Hacks in 13 Years
Over the past 13 years, the crypto industry has faced 785 reported crypto hacks and exploits, leading to the theft of nearly $19 billion worth...
Tag : hacks
FTC Warning Talks About Crypto Romance Scams
The United States Federal Trade Commission (FTC) has issued a consumer warning concerning the rise of romance scams involving cryptocurrencies. The FTC Warning advised consumers...
Elliptic Report 2024: AI Powers Rising Crypto Crimes
by Anna Garcia
The rise of artificial intelligence (AI)-driven crypto crimes signifies a new era of cyber threats, as revealed by an Elliptic report. The report exposes how...
Crypto Fraud Losses Down to $52M in May
by Kevin Wilson
Crypto fraud and hack losses decreased by 12% year-over-year, according to a May 30 report from blockchain security firm Immunefi. In total, $52 million was...
Crypto’s New ‘Neighborhood Watch’ for Security
by Cheryl Lee
Neighborhood watch the cryptocurrency industry, long plagued by hacks and security breaches, now has a dedicated group committed to enhancing security measures. Justine Bone, a...
March Hacks: Nearly $100M Recovered
by Bran Lopez
In March, blockchain security firm PeckShield reported the recovery of nearly $100 million in digital assets stolen during hacking incidents, underscoring a significant turnaround in...
Immunefi: Web3 Loses $1.8B to Hacks and Fraud in 2023
by Kevin Wilson
In 2023, a report from blockchain security platform Immunefi on December 28 revealed that the Web3 ecosystem encountered significant challenges, witnessing a total loss of...
Crypto’s Major Hacks And Exploits In 2023
by Eva Moore
Despite ongoing challenges, the crypto industry experienced a relatively improved security landscape in 2023 compared to the record-breaking losses of 2022. TRM Labs, a blockchain...
DeFi Drama: Nima Capital’s Role in Synapse’s Sharp SYN Token Decline
by Harper Hall
On September 5th, the value of Synapse (SYN), the native token of the decentralized finance (DeFi) cross-chain bridge, experienced a sharp decline. This decline was...