Crypto scams hit historic low in April, plummeting 141%
Crypto-related exploits and scams plummeted 141% in April compared to the previous month, reaching a historic low of $25.7 million, according to blockchain security firm CertiK.
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crypto hacks
April Marks A Record Low In Crypto Hacks And Scams: A Sign Of Strengthening Security?
In April, the crypto community witnessed a historic downturn in financial losses due to fewer hacks and scams. According to blockchain security firm CertiK, the total damages of these types of crypto attacks dipped to a record low in April.
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First-Ever Conviction For Crypto Smart Contract Hacking: Nirvana Exploiter Sentenced To 3 Years | Bitcoinist.com
After orchestrating a series of hacks on two decentralized cryptocurrency exchanges (DEXs) that stole more than $12 million worth of crypto, former security engineer Shakeeb Ahmed was sentenced today to three years in prison, this is the first-ever smart contract hacking conviction in the US.
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Crypto Investigator Accuses US Law Enforcement Of ‘Borderline Harassment’
Scams and hacks have been some of the most significant issues affecting the crypto industry over the past few years.
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Crypto thefts fall 48% month over month to $79 million in March
Crypto hacks saw a consecutive monthly decline, with malicious players stealing roughly $79 million from decentralized finance projects in March.
The fall represents a 48% decrease from the $160 million stolen in February.
Massive Crypto Breach: Hackers Extract $26 Million In BTC And ETH From This Exchange | Bitcoinist.com
In a recent development, decentralized finance (DeFi) crypto exchange FixedFloat has been targeted by hackers in a high-profile hack, resulting in the theft of over $26 million worth of Bitcoin (BTC) and Ethereum (ETH) from the exchange.
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