Articles for tag: Cryptocurrency, digital wallets, hacking incidents, incident response plans, KYC, multi-factor authentication, Security Measures

Market News

Protect Your Crypto: Essential Tips to Safeguard Against Hacks on Digital Platforms

As of March 12, 2025, cryptocurrency platforms are facing increased threats from hackers, highlighted by last month’s significant theft at Bybit. To protect against such attacks, it’s essential for these platforms to implement robust security measures. Strategies like multi-factor authentication, secure digital wallets, thorough identity checks (KYC), and effective incident response plans can significantly reduce ...

Market News

Cryptocurrency Hackers Steal $2.2 Billion from Platforms in 2024: Key Insights and Preventive Measures

In 2024, a staggering $2.2 billion in cryptocurrency was stolen, according to Chainalysis’ Crypto Crime Report. Over half of this theft, around $1.34 billion, was linked to hackers from North Korea, occurring through a series of 47 hacking incidents. This year saw a notable shift in hacking targets, with centralized services becoming more frequent victims ...

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