Bitcoin and Ethereum are booming, altcoins are surging, and other crypto categories like DeFi and NFTs have taken off like never before. Money is being made on digital currencies and it is highly visible in the public eye due to mainstream media coverage of the cryptocurrency revolution.
With more eyes on the asset class, it also means that cyberthreats are rising. Here’s what the latest figures say about rising crypto crime, cyberthreats, and how businesses in the blockchain industry can do much more to protect customers – and themselves.
Crypto Scams Rise Year-Over-Year, What Can Blockchain Companies Do?
The 2018 bear market was plagued with high profile exchange hacks all over the world. It set the industry itself back years and while things have improved in terms of exchange operations and security, crypto-related crime and cyberthreats continue to rise year-over-year.
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According to a breakdown of analytics