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Tag: Midyear

Mid-Year Report: $1.39 Billion Lost in Crypto - Is Your Investment Safe?

Mid-Year Report: $1.39 Billion Lost in Crypto - Is Your Investment Safe?

The Digital Frontier: Navigating Security in web3's Landscape The web3 ecosystem, a beacon of decentralization and innovation, faced significant turbulence in the first half of 2024 Staggering financial losses totaling approximately $1 4 billion underscore the vulnerability of this rapidly evolving digital frontier to security breaches A closer look at the latest QuillMonitor findings underscores the urgency for fortified security measures and diligent audits within the realms of decentralized finance (DeFi) and cryptocurrency The QuillAudit report not only lays bare the stark figures but delves into the repercussions these security failings have on the wider web3 ecosystem...

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