Category: Security
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January Sees Significant Losses In Exploits: $41 Million Reported
The cryptocurrency world faced a tumultuous January, marked by significant losses totaling $41 million due to various exploits and security breaches. While this figure represents a staggering 67% decline from December 2023, it marks a stark increase of 180% compared to January 2023. One of the most notable incidents occurred when 600 million GMEE tokens, valued at $16.3 million, were stolen during the GAMEE token breach on the Polygon network. Additionally, a phishing scheme targeted users of Ethereum and Binance Smart Chain, resulting in losses amounting to $12.9 million. $41M LOST IN EXPLOITS IN JANUARY This marks a 180% increase
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