Hacken reveals huge $1.7 billion loss from private key theft in 2024. It's a wake-up call for crypto users to boost security measures.
Hacken's 2024 report highlights private key theft as a major Web3 threat. The WazirX hack stands out as the year's biggest cryptocurrency theft.
Hacken CEO emphasizes the need for improved blockchain security by 2025, citing rising crypto security breaches. Highlighting $2.9 billion in losses, he calls for mandatory compliance standards like CCSS and regulatory frameworks like MiCA. Events like Radiant Capital's $55M hack stress the urgency for robust security measures.
DeFi hacks drop by 40% in 2024, showing improved security, while centralized exchanges face soaring losses. Gaming and metaverse projects are major hacking targets, and phishing scams contribute significantly to losses. Memecoins, especially on Solana, see scams and rug pulls, stressing the need for investor education.
Hacken's DeFi security flash pool sold out in 11 minutes, offering 206,000 $HAI tokens with a 115% APY, combining community-driven security with a real yield for enhanced safety.
Crypto-stealing malware found in Python Package Index poses a significant threat to users. Checkmarx reports on the malware's discovery as financial losses from hacks exceeded $440 million in Q3 2024, highlighting an ongoing cybersecurity issue.
QuillAudits emerges as a prominent player in blockchain security, competing with giants like Hacken, Certik, and Trail of Bits.
BNB Chain announces the Q3 2024 'Become a Champion Developer' hackathon with over $500,000 in prizes. Event sponsors include StakeStone, Myshell, and Hacken.
Security expert Luciano Ciattaglia of Hacken advises new crypto users to approach decentralized finance and exchanges with caution.
