Crypto losses to bad actors have significantly increased in the last two years, but cybersecurity experts believe there is no cause for concern, as most new tech is exploited during the early days of its use. According to blockchain security firm CertiK’s annual Web3 security report for 2022, malicious actors drained over $3.7 billion in value from Web3 protocols last year, representing a 189% increase over the $1.8 billion lost in 2021. CertiK’s report for the first quarter of 2023 also revealed that hackers accessed over $320 million in the…
Read MoreHow security, education and regulation can mitigate rising crypto scams
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