by COINS NEWS - 2 years ago

Crypto hacks decreased by 70% in Q1 2023, research reveals

submitted by /u/jwolf696 [link] [comments]

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Crypto hacks falling in Q1 is but a 'temporary reprieve' — Blockchain firm

It was warned that the amount stolen in Q1 2023 mirrors Q2 2022, which was followed by a “record setting number of hacks.” The crypto community is being urged not to l...

by COINS NEWS - 2 years ago

It is amazing how much of the dirt is on Solana. Add hacks, downtime, resets... It is absurd how easy it is to manipulate the market and the community to invest in Sol. through false metrics & attract "investors" who believe in it. A long, thought-provoki

Solana isn't as popular as it seems. Through false metrics, it attracted investors who believed in an inflated and fake activity. A long, thought-provoking thread... Solana saw an explosive growth in the last bull-run. Among the reasons were low...

by COINS NEWS - 2 years ago

I really hate that almost all our and the media's attention goes to meme coins, celebrities, dumb stories, and scams and hacks, while crypto's tech is so innovative and can make the world a better place

Crypto's technology is amazing and can change people's daily lives for the better.... Some simple examples: Sending money from one party to another in a cheap and fast way without involvement of a third party. Relatedly, so much money was do...

Bitcoin News / Google News Bitcoin - 2 years ago

Bitcoin Price In 2035: Coinbase Exec Hacks ChatGPT For Prediction - Coinbase Glb (NASDAQ:COIN) - Benzinga

Bitcoin Price In 2035: Coinbase Exec Hacks ChatGPT For Prediction - Coinbase Glb (NASDAQ:COIN)& & Benzinga

by COINS NEWS - 2 years ago

Crypto Attacks Ramped Up in April, $100M Lost to Hacks and Exploits

submitted by /u/tambaybtc [link] [comments]

Cryptocoins News / The Cointelegraph ​ - 2 years ago

April’s crypto scams, exploits and hacks lead to $103M lost — CertiK

The month was particularly bad for exploits, with the amount lost accounting for half of the total crypto exploited so far in 2023. Crypto exploits, exit scams and fla...

More / Bitcoin Reddit - 2 years ago

Bitcoin lifehacks

submitted by /u/Relai_Alex [link] [comments]

by COINS NEWS - 2 years ago

If you will ever want to start blaming someone in crypto start with yourself. Vast majority of problems, "hacks" or scams are just human mistakes. You are the weakest link of your crypto portfolio.

One of most important things to understand in crypto journey is that you are the weakest link of your crypto portfolio. You make all decisions and how secure and profitable you portfolio is depend only from you. You can blame exchanges, wallets, othe...

More / Etherum Reddit - 2 years ago

On-going hacks on OG wallets?

Apologies if this has been discussed and discounted already somewhere but I just haven't seen a discussion on it. Check out: https://twitter.com/tayvano_/status/1648187031468781568?t=eFpterrjfGmEowACpaty3A&s=19 And also https://twitter.com/ta...

Cryptocoins News / Blockchain  - 2 years ago

Shapella Upgrade, Privacy Concerns, Hacks, and Financial Inclusion

The DeFi space had a busy week with the successful completion of the Shapella upgrade on Ethereum, concerns over privacy related to staking, a major DeFi hack, and a partnership between Fonbnk and Tanda to increase financial inclusion in Africa. The...

Cryptocoins News / Blockchain  - 2 years ago

Crypto Hacks in Q1 2023

In Q1 2023, hackers accessed over $320 million through 139 incidents on BNB Chain and losses of $221 million on Ethereum. While significantly lower than Q1 and Q4 2022, the quarter saw hundreds of millions lost, with 60% due to the Euler Finance hack...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Here's how much is lost to crypto hacks and exploits in Q1 2023

BNB Chain had the largest number of incidents in the quarter, while Ethereum had the biggest amount lost. Hackers were able to gain access to more than $320 million ju...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Here’s how much was lost to crypto hacks and exploits in Q1 2023

BNB Chain had the most incidents during the quarter, while Ethereum saw the largest amount lost. Hackers were able to gain access to more than $320 million in the firs...

by COINS NEWS - 2 years ago

Wells Fargo has paid more in fines since 2000s ($25b) than all of the money stolen via crypto hacks and exploits ($6.46b)

Wells Fargo is one of the largest banks in the US and since the 21st century, they have paid 25b in fines related to harming customers. That is 3x the amount of money that has been stolen through crypto hacks and scams. To put it into perspecti...

Cryptocoins News / Finance Magnates - 2 years ago

Cryptocurrency Exchange Hacks and Insurance: Risks, Coverage, and Limitations

Individuals and institutions are increasingly using cryptocurrency exchanges to purchase, sell, and trade cryptocurrencies, such as Bitcoin, Ethereum, and Litecoin. However, the rise of cryptocurrency exchanges has resulted in an increase in security...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Gnosis launches Hashi bridge aggregator to help prevent hacks

Bridge protocols LayerZero, Celer, Wormhole, LiFi, and others have already committed to implementing the new protocol. Gnosis, the team behind Gnosis Safe multi-sig an...

by COINS NEWS - 2 years ago

Since 2020, Wells Fargo has paid more in fines than crypto has in hacks

$25B since the year 2000. Obviously the scale they operate on is just absolutely huge but these are financial penalties for a regulated institution. “Regulated” is a bit of a misnomer and really just feels like “permissioned”. Crypto has ~$6.45B in h...

by COINS NEWS - 2 years ago

One of the biggest hacks of Moons in which 289,280 moons were stolen.

As we all know the recent hack $300k worth assets were stolen the post was on the front page too hard to miss. in which around 83k moons were also stolen and dumped on the market, which are worth over $21k at the current prices, but this is not...

Cryptocoins News / Finance Magnates - 2 years ago

Crypto Exchange Hacks and Insurance: Risks, Coverage, and Limitations

<p>In recent years, cryptocurrency exchanges have become a popular target for hackers, resulting in significant losses for both investors and exchanges. As a result of these threats, some exchanges have begun to offer insurance to protect their...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

7 DeFi protocol hacks in Feb sees $21 million in funds pilfered: DefiLlama

DeFi platforms lost over $21 million to hackers throughout February, according to data released by DeFi project aggregator DefiLlama. Reentrancy, price oracle attacks...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

7 DeFi protocol hacks in Feb see $21 million in funds stolen: DefiLlama

DeFi platforms lost over $21 million to hackers throughout February, according to data released by DeFi project aggregator DefiLlama. Reentrancy, price oracle attacks...

Cryptocoins News / Blockchain  - 2 years ago

Crypto Industry Continues to Experience Hacks and Exploits: Can Increased Security Measures Help?

Despite recent recoveries, $4bn was lost to hacks, fraud, and scams in 2022. Increased security measures, such as DeFi and multi-signature wallets, can help. (Read More)

More / Etherum Reddit - 2 years ago

Are there books about hacks and how they happened?

As a developers starting to make smart contracts, this will be great. I have read mastering ethereum and half of the book is on hacks. I wonder if there’s a yearly edition of books on the hacks that happened in the last year. submitted by ...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Security team creates dashboard to detect potential NFT hacks in OpenSea

The team flagged almost $25 million worth of NFTs hacked through offline signatures at the time of writing. A wallet security team released a real-time dashboard that...