In 2022, hackers stole a total of $3.8 billion in Cryptocurrencies.
The majority of the victims of these hacks are in the United States.
Are Cryptopreneurs more concerned with developing and releasing their coins than protecting their company.
The market for digital currencies is expanding quickly, with more than 420 million users, more than 12,000 cryptocurrencies in circulation, and an expected value of US$2.2 billion by 2026. Yet, because of its quick development, it has become a target for online criminals attempting to scam people.
What draws hackers to Cryptocurrencies?
With market values of $330.6 billion, $152.6 billion, and $68.2 billion for Bitcoin, Ethereum, and Tether, respectively, cryptocurrency traders and wallets can be a tempting target for hackers. Blockchain data company Chainanalysis claimed that in 2022, crypto hackers stole a total of $3.8 billion in cryptocurrencies.
Malicious actors stole $162.5 million by accessing the hot wallet of bitcoin market provider
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