Crypto Hacks Dropped Sharply In Early 2026, But Experts Say The Threat Isn’t ...
Cybercriminals who target crypto are not operating on a fixed schedule. They move when the money moves. Related Reading: X Eyes Auto-Lock For Crypto Mentions After Tortoise Death Hoax That was the key message from Kraken’s chief security officer, Nick Percoco, who told reporters that hacking activity in the crypto space tends to spike during […]
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Bybit has ranked low in Rwanda’s crypto adoption figures — and the country’s central bank wants to keep it that way. Related Reading: Crypto Hacks Dropped Sharply In Early 2026, But Experts Say The Threat Isn’t Going Away A Quick Expansion, A Quicker Response When the crypto exchange added the Rwandan franc to its peer-to-peer […]
Security remains a perennial concern for DeFi protocols, but DeFi will still inevitably “grow and flourish,” Bitfinex chief technology officer Paolo Ardoino believes. Despite the rise of decentralized finance (DeFi), cryptocurrency investors appear to be sticking to centralized exchanges (CEXs) over DeFi tools, according to a new report.Crypto investors are more comfortable holding their assets on CEXs because decentralized exchanges are still more vulnerable to the threat of hacks. This is according to a joint report by the blockchain data firm Chainalysis and Bitfinex exchange, issued on....
Crypto investors and platforms are facing a growing threat as the value of crypto hacks has nearly doubled in the first seven months of 2024, reaching a staggering $1.6 billion, according to a new report from blockchain analytics firm Chainalysis. Crypto Theft Skyrockets In 2024 While the monetary value of stolen funds has skyrocketed, the […]
A new crypto crime report by TRM Labs paints a stark picture of how North Korean hacking groups have been operating in 2026 so far. Through April, they were responsible for 76% of all losses tied to crypto hacks, but the report emphasizes that this outcome wasn’t driven by a steady stream of attacks. Instead, the massive share of stolen value comes down to just two incidents whose combined haul—about $577 million—far outweighed everything else that year. Two Crypto Hacks, Nearly $600M Stolen The first breach highlighted by TRM Labs took place on April 1: the Drift Protocol hack. The....
February was unusually quiet for crypto thieves. After months of eye-watering losses, the industry recorded just $26.5 million in total hack and scam-related damages last month — the smallest monthly figure in 11 months, according to blockchain security firm PeckShield. Related Reading: Bitcoin In The Line Of Fire: Price Dips To $63k As US, Israel Launch Strikes On Iran It’s a number that stands in sharp contrast to the carnage seen in early 2025, when a single breach wiped out $1.5 billion from crypto exchange Bybit. 2 Attacks Did Most Of The Damage Out of 15 recorded incidents in....