In the second quarter of this year, the crypto industry suffered losses totaling $572.7 million due to hacker attacks and fraud.
💩 This is nearly as much as was stolen throughout all of 2023.
💩 The majority of thefts occurred on the Ethereum and BNB Chain networks.
💩 Why is the crypto industry vulnerable to hacker attacks and fraud?
It's all due to transaction anonymity, weak regulation, lack of investor education, and the potential for quick enrichment amidst the high volatility of the cryptocurrency market.
💩How to protect yourself?
Make sure to use reliable and verified platforms, master basic security principles like two-factor authentication, and exercise caution when investing.
Also, enhance your knowledge in this field to stay one step ahead of malicious actors!
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💩 Protect your finances
In the second quarter of this year, the crypto industry suffered losses totaling $572.7 million due to hacker attacks and fraud.
💩 This is nearly as much as was stolen throughout all of 2023.
💩 The majority of thefts occurred on the Ethereum and BNB Chain networks.
💩 Why is the crypto industry vulnerable to hacker attacks and fraud?
It's all due to transaction anonymity, weak regulation, lack of investor education, and the potential for quick enrichment amidst the high volatility of the cryptocurrency market.
💩How to protect yourself?
Make sure to use reliable and verified platforms, master basic security principles like two-factor authentication, and exercise caution when investing.
Also, enhance your knowledge in this field to stay one step ahead of malicious actors!
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