Approximately a fifth of America’s Gen Z and Millennials own cryptocurrency but only 20% own real estate, the latest Policygenius 2024 Financial Planning Survey has found. The survey report asserts that Baby Boomers have “benefited greatly from housing wealth,” which now accounts for nearly half of their wealth. Boomers Least Interested in NFTs According to […]
Study: Financial Losses on BNB Chain Due to Hacks and Scams Fell by 85% in 2023
Reports State at Least $1.7B Was Lost in Hacks and Exploits During 2023
Several reports that have recently surfaced have revealed the extent of losses that crypto platforms and users faced during 2023 as a product of exploits and hacks. TRM Labs’ latest report states that the number ascended to $ 1.7 billion, while De.fi, another Web3 security firm, states that this number reaches higher, to $ …
Tron’s Justin Sun Announces ‘Epic Airdrop’ in Wake of HTX, Heco, and Poloniex Hacks
In the aftermath of September’s HTX breach, along with the subsequent attacks on Poloniex and Heco Bridge in November, HTX faced yet another security breach on November 23, resulting in a loss of $ 30 million. HTX announced its commitment to “fully compensate” for the financial damages caused by the hack. Additionally, on Friday, …
Certik Study: $332 Million Lost to Exploits, Hacks and Scams in September, More Than $1.3 Billion Lost in 2023
In the month of September, digital assets worth approximately $ 332 million were siphoned from trading platforms via methods that include flash loan attacks, exit scams, and exploits. The value of digital assets stolen through exploits rose from $ 13.5 million in August to nearly $ 330 million in September. Mixin Kernel …