You are currently viewing Corporate Bailouts Are Coming to Crypto

Corporate Bailouts Are Coming to Crypto

News Link • Hacking, Cyber Security 05-13-2022 • By Edward Ongweso Jr

As the world agonizes over whether there is a greater purpose for crypto, hackers seem to have found one: stealing it. 

Over the past year, hacks targeting crypto holders, protocols, and exchanges have grown increasingly ambitious and regular. CryptoSec, a crypto cybersecurity resource, has tracked some 75 hacks tracking crypto’s decentralized finance (DeFi) ecosystem which have stolen $1.7 billion since 2020?about $816 million of that was stolen between August and December of 2021, a figure that doesn’t even include hacks in 2022 that have amounted to hundreds of millions of dollars worth of stolen cryptocurrency so far.

Read Full Story Reported By Robert Lee

..... (Read more by following the post link below)

This post was originally published on this site