WhiteBIT Freezes Over $150M: How the Exchange is Fighting Crypto Crime
The secured funds include assets recovered from third-party hacks and those protected from account breaches and scams. According to the Chainalysis 2024 Crypto Crime Report, stolen crypto funds reached $2.2 billion globally, a 21.07% increase from the previous year. The number of hacking incidents rose from 282 in 2023 to 303 over the same period, reflecting an ongoing challenge for the industry in preventing and addressing security...