Crypto Hacks and Scams Cost $300 Million in August

Share This Post

In August, approximately $310.9 million was lost to exploits, hacks, and scams. However, digital assets worth $10.3 million were recovered, resulting in a net loss of $300.6 million. According to the security firm Certik, this is the second-highest monthly loss in 2024 so far. While May had the highest exploit total loss of just over […]

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Bitcoin Price Enters ‘Second Breakout Of The Cycle,’ Analyst Puts Peak Above $150,000

The Bitcoin price could see its second massive breakout in this current market cycle, as a crypto analyst has predicted a peak above $150,000 for the pioneer cryptocurrency This bullish forecast

Crypto For Secrets: Chinese Man Sentenced To Life For Selling State Info

State authorities in China are now patching loopholes in the national confidentiality regulations after they discovered that one of their colleagues assigned in a confidential unit sold state secrets

What to Expect for Crypto Under Trump’s New Administration

A Moody’s digital assets expert outlines how a Trump administration and pro-crypto Congress could reshape US crypto regulation, hinting at major industry impacts Expert Analysis: How Trump’s

What’s Next for XRP? Ripple CEO Discusses Crypto Landscape Shift

Ripple and XRP could face a turning point as new pro-crypto regulatory shifts promise renewed hope and potential resolution to years-long legal battles XRP’s Future: Ripple CEO Hints at a New

Bitcoin Analyst Sets $88,800 Target As BTC Breaks ATH 3 Days In A Row – Details

Bitcoin is on a record-breaking run, reaching new all-time highs for three consecutive days following Donald Trump’s victory in the US election and a recent 25 basis point rate cut by the Federal

6-Figure ‘Treasury Asset’ Bitcoin Price Possible By Year-End—Market Expert

The momentum is on Bitcoin and crypto’s side, and it wouldn’t be surprising if the price surge continues until the end of the year One of the biggest drivers of the current performance of Bitcoin