The rise of hacks and fraudulent coin scams

Cryptocurrency-related hacks and scams continue to surge, with billions in losses recorded. In 2024, the industry was estimated to have lost more than $3 billion to cybercrimes, up from $2.61 billion in 2023. This can be attributed to the increased valuation of cryptocurrencies, especially after Bitcoin hit $100,000 for the first time. There is no […] source: https://www.cryptopolitan.com/the-rise-of-hacks-and-fraudulent-coin-scams/