The cryptocurrency industry has been plagued by a growing number of private key compromises (PKC) in 2024, resulting in a staggering loss of $730 million and counting. According to a recent report by CertiK, a leading blockchain security firm, the incidence of PKC has...
Cybersecurity
Crypto Phishing Scams on the Rise: $127 Million Lost in Recent Months
A disturbing trend has emerged in the cryptocurrency space, with a staggering $127 million lost to phishing scams in recent months. According to a report by ScamSniffer, a platform that tracks and analyzes phishing attacks, September 2024 saw approximately 10,000...
Crypto Security Crisis: 2024 Sees Alarming Surge in Private Key Hacks, $730M Lost and Counting
The cryptocurrency industry has been plagued by a growing number of private key compromises (PKC) in 2024, resulting in a staggering loss of $730 million and counting. According to a recent report by CertiK, a leading blockchain security firm, the incidence of PKC has...