Cryptocurrency hackers stole $3.8 billion in 2022, according to the blockchain analytics firm's report — up from. October had the most crypto hacks in a single month with $775.7 million stolen in 32 separate attacks, according to the study.
DeFi protocols contain a series of codes that determine how virtual currency can be used on a blockchain network. Take smart contracts, for example. These digital contracts are the key underlying technologies that allow crypto transactions to be made. Smart contracts operate according to "if/then" commands; if X, then execute Y.
MakeIt Sure looks like the under regulated wild wild west of the current economy. Strap on your crypto 6 shooter and stroll down the boardwalk. Legends made; legends fall.
MakeIt Isn’t crypto currency supposed to be not hackable?
MakeIt Boycott Tesla
MakeIt Create articles so people avoid this is a better approach
MakeIt Where is it?
MakeIt The dumbest thing in the world
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Crypto hackers snagged a record $3.8B in 2022Cyber criminals made off with a record $3.8 billion through hacking attacks on cryptocurrency businesses in 2022, according to a report released this week.
Source: KSLcom - 🏆 549. / 51 Read more »
Hackers Stole $3.8 Billion From Crypto Firms in 2022, Says Chainalysis – Featured Bitcoin News2022 was the biggest year ever for crypto hacking, with $3.8 billion stolen from cryptocurrency businesses, says Chainalysis. bitcoin $BTC defi Totally agree, but I only use ChiefraFba for signals and analysis Nice one, I only listen to ChiefraFba for signals and analysis!..I have a 93% win rate in 3 months of copying his signals! Also, the blockchain analytics firm stated that North Korea-linked hackers stole $1.1 billion of that amount from DeFi protocols, making North Korea “one of the driving forces behind the DeFi hacking trend that intensified in 2022.” Crypto
Source: BTCTN - 🏆 531. / 51 Read more »
Crypto Market’s Post-Fed Rally Continues as DeFi, Smart Contract Platform Sectors StarMost major cryptos spent much of Thursday in the green, with several DeFi and smart contract tokens standing out. The gains came a day after Fed Chair Jerome Powell offered unexpectedly moderate remarks about monetary policy. _jocelynyang_ writes
Source: CoinDesk - 🏆 291. / 63 Read more »
UK Crypto Industry Celebrates Government’s Planned Exemptions for Crypto Ad ApprovalsCrypto advocates said the U.K. government listened and addressed its woes regarding the country's plans for promotions, which could have meant that advertising in the country would have been near impossible. camomileshumba reports
Source: CoinDesk - 🏆 291. / 63 Read more »
Despite a bear market, crypto’s future is still bright: Crypto in 2023
Source: Cointelegraph - 🏆 562. / 51 Read more »
The Ultimate Guide to Crypto Regulation in the US and Pro-Crypto Politicians in 2023 | CoinMarketCapSo far, the jury is still out on whether crypto regulation in the U.S. will be sensible 🇺🇸 There is a lot of interest and demand for it, so 2023 should be the biggest year for crypto regulation yet. 👀 Check out SHILA! Was recently added by and has hit the top gainers page! Looks like the next leg is incoming! Thanks for listing us Shila Think about it. Can the dysfunctional congress actually pass any kind of legislation? They can't agree on anything, and crypto is nothing in the grand scheme of the countries problems. I don't expect anything to happen for years, if ever.
Source: CoinMarketCap - 🏆 290. / 63 Read more »