Tag: Cryptocurrency Fraud Prevention

August 2024’s Crypto Crisis: A Deep Dive into the Hacks Rocking the Digital Asset World

Over 10 assaults cost $313 million in August, highlighting weaknesses and the need for better protection. Crypto hacks costs over 93.5% of money ($293.4 million), emphasizing the need for user education and awareness. Phishing on major cryptocurrencies, the Ronin Network breach, and Nexera's smart contract vulnerability demonstrate hacker techniques and the need for solid security. The digital asset landscape is in turmoil, rocked by a surge in crypto hacks that have...

Access Bank’s Freeze on Crypto Trader Accounts Sparks Controversy

Access Bank has obtained a court order to freeze all crypto trading accounts for investigations. Digital asset fraud is common today, with...