💡 INSIGHT: The crypto world never sleeps - and neither do cybercriminals. With digital assets becoming increasingly valuable, protecting yourself isn't just an option - it's essential. From sophisticated phishing schemes to devastating ransomware attacks, threats are evolving… https://t.co/mrpJS7Ec8H
Be careful if you get a dm from @Niamh_cocoart with a link to `x2y2 .io.checked.bid` which is a phishing site. I know my followers are all too smart but figured I'd out them anyways. https://t.co/OXdbSpcZOe
[SLOWMIST] 2024 Rug Pull Report: $106 Million in Losses Across Crypto Ecosystems, zkSync Records Highest Financial Damage at $36.95 Million, Binance Smart Chain Tops in Incident Count with 28 Rug Pulls Reported https://t.co/m2lMBOjcLm

In 2024, cryptocurrency hacks resulted in losses totaling $2.3 billion, marking a 40% increase year-over-year. The rise in incidents has been attributed to compromised private keys and inadequate key management systems, according to industry experts. Phishing scams emerged as a major threat, draining approximately $500 million from users and impacting over 332,000 addresses, reflecting a 67% surge in such attacks. Additionally, India has partnered with Google and Meta to combat 'pig butchering' scams, which accounted for $3.6 billion in losses last year. This collaboration aims to enhance security measures against fraudsters exploiting advertising platforms and phishing tactics.







