Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
In 2024, the cryptocurrency sector faced severe security challenges, with over $6 billion lost due to hacks, exploits, and scams, marking a 40% increase in exploits compared to 2023. Access control failures were the primary cause, accounting for 81% of the total losses. Additionally, a report highlighted that more than $2.3 billion was stolen from 760 on-chain security incidents, with phishing attacks responsible for over $1 billion of the losses. Ethereum was notably affected, with over 50% of the total losses attributed to this blockchain. The situation underscores the persistent vulnerabilities within the Web3 ecosystem, prompting calls for enhanced security measures.
๐๐ฟ๐๐ฝ๐๐ผ ๐ฆ๐ฒ๐ฐ๐๐ฟ๐ถ๐๐ ๐ถ๐ป ๐ฎ๐ฌ๐ฎ๐ฑ: ๐๐๐ผ๐ถ๐ฑ๐ถ๐ป๐ด ๐๐ต๐ฒ ๐๐ถ๐ด๐ด๐ฒ๐๐ ๐ง๐ต๐ฟ๐ฒ๐ฎ๐๐ ๐จ Stay safe in the crypto game! ๐จ 2025 is bringing a new wave of threats to digital assetsโphishing scams, smart contract hacks, and ransomware. But donโt worry! Learn the bestโฆ https://t.co/LjUdK4LNN4
Phishing Scams in Web3 Attacks continue to plague the ecosystem, with millions of dollars at stake every year. Our data highlights just how vulnerable some of the top chains like @ethereum @avax @LineaBuild & @0xPolygon have been to these exploits. It's a clear reminder of theโฆ https://t.co/UMhIPgEvYV
Hackers drained $2.3B from web3 projects in 2024, and over 50% of the losses came from #Ethereum. ๐Read more: https://t.co/ya8NGeeEwi
