A proposed CFPB rule could allow crypto users to have protections similar to those of US bank account holders by considering the definition of “funds.”
Read moreHacks and scams stole $3B from crypto activities in 2024 — PeckShield
According to the security firm, hacks accounted for more than 70% of crypto losses due to illicit activities in 2024, compared to 30% for scams.
Read moreFake OKX plugins found on the Firefox browser store
According to cybersecurity firm CertiK, the number of crypto hacks and exploits rose to 303 incidents in 2024, up from 282 in 2023.
Read moreVirtuals Protocol Discord server hacked, fake Google links posted
The security incidents occurred days after a researcher discovered a critical bug in a Virtuals Protocol audited contract, which was fixed.
Read moreCoinSwitch launches $70M recovery fund for WazirX hack victims
CoinSwitch expects it will take two years to distribute $70 million in recovery funds to WazirX users who lost money due to an alleged cyberattack
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Web3 Cyber Threats Surge in 2024: Cyvers Report
In 2024, Web3 cyber threats led to losses exceeding $2.3 billion across 165 incidents, marking a 40% increase from 2023. Approximately $1.3B Recovered Web3 cyber
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