Member
Posted 16 August 2022 - 09:51 PM
Nearly $2 billion stolen in crypto hacks this year – report
Cryptocurrency hacks are up 60% this year, with a total of $1.9 billion stolen from January to July, according to the latest report from Chainalysis.
During the same period last year, a total of $1.2 billion was stolen in crypto hacks.
The most concerning part of the report is that increased hacking activity is not looking to reverse any time soon.
Edited by Rogerdodger, 16 August 2022 - 09:52 PM.
Member
Posted 29 August 2022 - 08:46 AM
(Kitco News) - The volume of crypto traded on exchanges has long been a controversial statistic as it's a well-known fact that a significant amount of wash trading occurs every day to help make the sector look more active than it is.
Despite the uptick in global adoption and increased awareness that the crypto ecosystem has gained in recent years, a new report from Forbes shows that 51% of all reported trade volume should be considered fake volume, a sign that wash trading remains highly prevalent.
