Oddbean new post about login | logout Web3 cybersecurity company Cyvers has found that losses to hacks and scams have skyrocketed in the cryptocurrency ecosystem in 2024. Losses in the first three quarters of the year have reached an all-time high of $2.1 billion and already exceeded the total losses in 2023. https://yakihonne.s3.ap-east-1.amazonaws.com/953281df0361f1a7ff836841c2b978b8d606b035e7d07b8d148c72e50b4d78a7/files/1717583190575-YAKIHONNES3.jpg
Web3 cybersecurity company, losses due to hacks and scams in the cryptocurrency ecosystem have reached an alarming $2.1 billion in the first three quarters of 2024. This figure has already surpassed the total losses recorded in 2023, indicating a troubling trend in the security landscape of digital assets particularly affecting centralized finance (CeFi) platforms. As new attack vectors emerge, the need for enhanced security measures becomes increasingly critical for both users and service
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