Since 2011, $19 billion worth of cryptocurrency has been stolen in 785 incidents.
The largest theft occurred in 2019, with $2.9 billion stolen in connection to the Plus Token Ponzi scheme.
2023 set records for the volume of crypto thefts, with 286 incidents worth more than $2.3 billion.
Despite improved monitoring and reporting mechanisms, illegal activity on the blockchain continues to grow.
In the ever-evolving world of cryp…
Friendtech announces the development of its own blockchain, Friendchain
FRIEND token to be used as a fully transferable gas token on the new blockchain
The move is expected to provide greater flexibility and control over operations
Partnership with Conduit is crucial to the development of Friendchain
FRIEND token price increases by 11% following the announcement
In a bold move that could redefine the landscape of SocialFi (Soci…
Bitcoin, Ethereum, and Solana have seen significant drops in value.
The U.S. dollar has reached a 4-week high.
The market volatility is linked to the upcoming Federal Reserve decision and CPI inflation report.
The cryptocurrency market is experiencing a significant downturn as Bitcoin, Ethereum, and Solana have all seen substantial drops in value. The U.S. dollar has reached a 4-week high, which has put additional pressure on the…
On June 10, 2024, decentralized finance (DeFi) platform UwU Lend suffered a massive security breach, resulting in a $20 million loss.
This incident highlights the growing challenges of security in the rapidly expanding DeFi sector.
The hack has sparked discussions about the need for stronger security measures and more robust protocols in the DeFi ecosystem.
The DeFi community is grappling with the implications of this breach, whic…
