Crypto Hackers Mark Successful First Quarter. Here’s How Much They’ve Made
Crypto hackers have been making off with billions of dollars from the market every year. These hackers who find vulnerabilities in the products being used by investors have been known to cart away hundreds of millions at a time. 2022 has proven to be no different from these hackers who have ramped up their efforts. […]
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Despite the drop in bitcoin prices at the beginning of the year, thieves did not take a break. Hackers and scammers made millions of dollars from attacks on numerous crypto projects and ecosystems. According to the Atlas VPN team’s new research, blockchain hackers stole approximately $1.3 billion in 78 hack events in the first quarter […]
No one is immune to bad decisions when it comes to crypto investing and Mark Cuban is an example of that. The billionaire recently revealed that he too had made a grave investing mistake that had cost him a lot of money. Cuban opened up to the New York Times in a recent report about […]
Crypto exchanges have become popular for enabling consumers to purchase, sell, swap, and store digital assets. However, research has shown that exchanges have been easy prey for hackers, especially as the popularity and price of specific crypto currencies has skyrocketed. Typically affecting thousands, if not millions, of users and resulting in the theft of hard-earned […]
Hackers are enjoying brisk “sales” this year and the targets seem to be getting aplenty. According to a research, the web3 ecosystem suffered a “loss” of around $1.23 billion in the first quarter of 2022, Adrian Hetman, a tech lead at crypto security firm Immunefi, said. This figure accounts for any funds lost as a […]
Dozens of DeFi systems have been hacked over the past year, and the trend doesn’t seem to be abating. The decentralized finance (DeFi) industry has lost over a billion dollars to hackers in the past couple of months, and the situation seems to be spiraling out of control.According to the latest statistics, approximately $1.6 billion in cryptocurrencies was stolen from DeFi platforms in the first quarter of 2022. Furthermore, over 90% of all pilfered crypto is from hacked DeFi protocols.These figures highlight a dire situation that is likely to persist over the long term if ignored.Why....