Oct 29, 7:54 am
Over $1B Has Been Stolen in 75 Crypto Hacks in 2023, Highlighting the Industry’s Vulnerability to Cybercrime
Cybercriminals have stolen over $1 billion in 75 crypto hacks so far in 2023, a decrease from the record $3 billion stolen in 2022. The decline in value is attributed to the market’s decrease in cryptocurrency prices rather than improved security measures. The increase in the number of hacks raises concerns about the industry’s ability to safeguard against crime.