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Tag: Mid2024

Crypto Gamers Alert: $1.4B Looted in Hacks by Mid-2024, Report Reveals

Crypto Gamers Alert: $1.4B Looted in Hacks by Mid-2024, Report Reveals

Unprecedented Surge in crypto Theft: Navigating New Challenges In the digital realm where cryptocurrencies steadily climb the ladder of financial prominence, recent months have unveiled an alarming uptick in cyber theft, stirring widespread concern and calling for urgent protective measures A recent analysis by blockchain experts at TRM Labs has shone a stark light on the issue, revealing that the theft of digital currencies through hacking has soared to a new plateau, doubling in volume within the span of just half a year The Stark Reality of crypto Heists By the midpoint of 2024, a jaw-dropping total of over $1 38 billion in cryptocurrency had been siphoned off by cybercriminals, marking a significant leap from the figures reported in the previous year The median size of these thefts witnessed a 50% surge, underscoring a growing boldness among hackers...

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