Crypto hack losses fall 37% in Q3 as tactics shift to wallets
PositiveCryptocurrency

In the third quarter, losses from crypto hacks decreased by 37%, totaling $509 million. This decline is significant as it indicates a shift in tactics towards targeting wallets, despite a record number of million-dollar incidents in September, primarily involving exchanges and decentralized finance platforms. This trend matters because it reflects the evolving landscape of cybersecurity in the cryptocurrency space, highlighting the need for enhanced security measures.
— Curated by the World Pulse Now AI Editorial System