
As Netflix released Squid Game Season 2 after Christmas, tokens of the same name flooded the crypto markets.
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Crypto exchange DMM will liquidate after suffering a $320 million hack back in May.
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Over $45 million was lost to exit scams in May while exploits on DeFi protocols racked up less than half that amount over the same period.
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The month was particularly bad for exploits, with the amount lost accounting for half of the total crypto exploited so far in 2023.
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Crystal Blockchain, a company that provides blockchain data and analytics, published a study covering security breaches, fraud, and scams related to cryptocurrency and decentralized finance (defi). According to the study, approximately $16.7 billion in crypto assets have been stolen since 2011. Last year, Crystal’s intelligence team documented 199 incidents resulting in the theft of $4.17 […]
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SlowMist found that across 303 recorded blockchain security incidents in 2022, nearly a third were made up of phishing attacks, rug pulls and scams.
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Blockchain security firm Peckshield shared the stats on Halloween night, but also added the month saw $100 million in crypto returned.
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While projects cannot wholly prevent bad actors from infiltrating the DeFi realm, security specialists say there are ways to deter such practices.
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Decentralized finance is exploding. Its security is not. Here’s how to prevent millions more lost in DeFi.
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Former teen soap star from the popular television series “The O.C.,” Ben McKenzie, has called out his fellow celebrities for shilling specific cryptocurrency projects. McKenzie calls the trend a “moral disaster” and he’s named a bunch of celebrities that have shilled a few crypto projects to their loyal fans. ‘The O.C.’ Star Ben McKenzie Writes […]
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