The cryptocurrency industry is permanently vulnerable to malicious activity, and hackers are constantly attacking it. We’re only two months into 2024, and cryptocurrency scams are already popping up. According to blockchain audit firm CertiK, more than $160 million has been lost due to cryptocurrency hacks and fraud. February only. Although this figure is lower than before, january lossCryptocurrency losses due to hacking, fraud, and abuse are growing rapidly, currently reaching $343.5 million annually. The cryptocurrency sector lost $160 million to malicious players. According to Certik’s latest update, the cryptocurrency world has already been hit hard by a series of sophisticated…
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Ripple has moved a significant amount of XRP into escrow after reportedly releasing 1 billion XRP from escrow the previous day. The move sparked widespread interest as the value of XRP rose above $0.62. These developments come amidst a flurry of activity in the cryptocurrency market, representing a notable event in Ripple’s strategy regarding cryptocurrency holdings. Blockchain tracking service Whale Alert reports that Ripple executed three separate transactions, effectively placing 800 million XRP in escrow. These transactions included the transfer of 200 million coins worth approximately $118.94 million, 100 million coins worth approximately $59.48 million, and an additional 500 million…
Cryptocurrency and NFT The gaming space is busier than ever these days, with big name games starting to release, token airdrops piling up, and other things happening seemingly constantly. It’s a lot to take in!luckily, decryptionGG is everything. If you want to stay up to speed on the latest trends in cryptocurrency video games, Crypto Games is making its debut this week.Our Weekend Tip brings you the biggest news of the past week along with a few other stories you might have missed. We’re also featuring a few original stories of the week.biggest newsPortal Token Release: If you follow the…
Crypto sector lost $160 million due to fraud and hacking in FebruaryBy 2024, the cryptocurrency industry has already lost over $160 million due to hacks, fraud, and abuse. Blockchain auditor CertiK reported that most of February’s losses were caused by exploiting vulnerabilities in cryptocurrency projects, with the largest exploit amounting to $32.35 million on a South Korean platform. Exit fraud also accounted for a significant portion of the losses, with BitForex and RiskOnBlast disappearing along with millions of dollars of investor funds. Despite enhanced security measures, malicious activity continues to occur in the cryptocurrency sector. However, the report found that…
The first and safest decision of financial patrons has forever been the customary and common type of speculation, but these days there has been a tremendous change in returns among financial traders in the realm of digital currencies.With the massive acceptance of cryptocurrency forms of money across the world, the volume of digital currency transactions has increased dramatically. Cryptocurrency trading allows financial backers to trade computerized forms of money on their own basis. The most talked about sites about cryptocurrency are: Wealthinvest24.com.Wealthinvest24 OverviewForex and cryptocurrency trading are all possible on richinvest24, a comprehensive and popular trading platform. Market analysis, technical…
Solana (SOL) has been experiencing a significant rally, with its price surpassing $135 as the blockchain’s DeFi ecosystem continues to grow. The Solana (SOL) price surge can be attributed to several factors, including the launch of YBX, an over-collateralized stablecoin from DeFi lending protocol Marginfi. YBX is backed by a liquid collateral token backed by the leading Solana (SOL) asset. The introduction of YBX is expected to add value to the Solana (SOL) DeFi space by providing a stable and decentralized alternative to traditional stablecoins such as USDC or USDT. Meanwhile, Marginfi’s total value locked (TVL) reached a whopping $580…
Bitcoin is an eventful few weeks In terms of price action. The world’s largest cryptocurrency is currently up 19% in the past seven days and 43% in the past 30 days, its highest gain in a year. As a result, a huge number of BTC addresses were pushed into profitable territory. For the first time in over two years, 97% of all Bitcoin addresses were profitable. Number of Bitcoin Addresses Seeing Profits Soar as Price Surges According to the cryptocurrency on-chain analysis platform: Into the Block, 50.62 million Bitcoin addresses are profitable at current price levels. This staggering figure accounts…
One of the most important factors to consider when entering an online gambling establishment is the redemption method they use. Reliable and secure repayment methods not only ensure a smooth transaction, but also provide additional protection to your personal and financial information. In this short article, we will look at the best redemption approaches for online gambling enterprises, taking into account variables such as safety, comfort, and schedule. 1. Debt and debit cards Credit scores and debit cards are the most widely accepted payment techniques at online casino sites. It is simple and easy to use, allowing you to deposit…
As the Internet continues to evolve, threats to online security also grow. From data breaches to malware attacks, having strong internet security measures in place is more important than ever. AdvancedInternetBlock (AIB) is a cutting-edge solution that provides ultimate protection for your online activities. In this guide, we’ll look at what AIB is, how it works, and how to use AIB to unlock the future of Internet security. What is AdvancedInternetBlock? AdvancedInternetBlock (AIB) is an innovative blockchain-based platform that provides advanced Internet security solutions. We use decentralized technology to protect your online activity from cyber threats, keep your data safe…
The cryptocurrency market is still in a deep recession, with the token value of many cryptocurrencies such as Bonk Coin dropping significantly. Some of the most popular cryptocurrencies, such as Ordi Crypto, have remained stable despite the current market correction and are capable of making significant progress despite extreme volatility. This year’s top ideas include initiatives such as: BlockDAGAccording to expert predictions, it could be launched with a 5000% return on investment, benefiting early investors. BlockDAG is revolutionizing mining using cutting-edge technology. With over $2.1 million raised and 1 billion coins sold, take advantage of this opportunity today to participate…