$1.4 Billion Stolen in Crypto Attacks; MetaMask Eases Entry into Web3 Finance
The Growing Concern of Hack Attacks on Centralized Exchanges In recent times, centralized exchanges have morphed into prime targets for digital heists, witnessing a staggering 900% surge in financial losses due to hacking incidents year-over-year This trend spells a significant shift in the landscape of digital security, heralding a new era where the battlegrounds are digital, and the stakes are higher than ever The Magnetism of Centralized Exchanges for Cybercriminals One might wonder, why have centralized exchanges become the new hotspots for cybercriminals The answer lies in their very structure Centralized exchanges, by design, serve as the nexus for a vast amount of digital assets, making them an Aladdin’s cave for hackers...
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