Crypto Hacks On The Rise More Reason We Need Securities Updated
Since the beginning of 2022 it has been recorded that the total of 1.4 billion has been lost to cryptocurrency, exchange’s and bridge hacks. The attack on Ronin bridge, nomad which has brought it to this sum total. Cybercrimes has been on the rise of digital assets and the monetary value they possesses, Chainalysis made this revelation known in their publication after this analysis was carried out.
In a publication they noted that;
“Blockchain bridges have become the low-hanging fruit for cyber-criminals, with billions of dollars worth of crypto assets locked within them. Hackers have breached these bridges in various ways, suggesting that their level of security has not kept pace with the value of assets that they hold,” Tom Robinson – Co-founder and Chief Scientist at Elliptic.
Which boils down to the question if our digital assets are safe in the hands of exchanges?. Or private wallet is advised.
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Also don’t forget in contributing to the pHBD-USDC pool, and from statistics it looks like we will be able to archive the set target in a few months, let’s do our own part in growing the pHBD-USDC liquidity and also take out time to participate in the Leo power up challenge which happens every 15th of each month.
Let’s also connect on some of the web2 platform. Twitter:Hironakamura
Posted Using LeoFinance Beta
