Why Your Money is at Risk: The Rise of Crypto Theft on Centralized Exchanges
In the ever-evolving landscape of cryptocurrency, the first half of this year has witnessed a notable shift in the focus of cybercriminals Centralized exchanges have emerged as the new hotspots for illicit activities, with losses surpassing $1 5 billion, marking a considerable uptick in the sophistication and ambition of these digital thieves This development, as analyzed in a recent mid-year report by a leading blockchain analysis firm, underscores a strategic pivot from the decentralized platforms that were previously under heightened scrutiny The Growing Sophistication of crypto Criminals The surge in attacks on centralized exchanges is not merely a change in target but a testament to the evolving complexity of strategies employed by attackers...
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