Hackers have stolen nearly $10 billion in cryptocurrency since 2017…details here
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Answer Hackers have stolen nearly $10 billion in cryptocurrency since 2017…details here
did Bloomberg Sharing details of a recent report on how much cryptocurrency has been stolen since 2017, a total of at least $9.8 billion has been identified.
In the report, accounting firm KPMG stated that crypto assets such as Bitcoin and Ethereum became popular among institutional investors after Bitcoin reached an all-time high of nearly $20,000 per coin.
The aim of the report is therefore to urge hedge funds to be vigilant, as cryptocurrencies can be stolen by cybercriminals of all shapes and sizes.
Now that hedge funds have become interested in digital assets and are competing to attract investors in cryptocurrencies, as the report emphasizes, security issues here are more important than before.
Read:Court asks Tether to provide documents and files explaining what supports the digital stablecoin USDT
The report adds that the main reasons why hackers succeed in stealing crypto is lax security or poorly written code.
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