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    HomeFinanceHow Safety, Schooling, and Regulation Can Mitigate Rising Cryptocurrency Scams

    How Safety, Schooling, and Regulation Can Mitigate Rising Cryptocurrency Scams

    Cryptocurrency losses to dangerous actors have elevated considerably over the previous two years, however cyber safety specialists imagine there isn’t a trigger for concern as most new applied sciences are exploited of their early days.

    In keeping with to blockchain safety firm CertiK’s annual Web3 safety report 2022 malicious actors are drained greater than $3.7 billion in worth from Web3 protocols final 12 months, 189% greater than the $1.8 billion misplaced in 2021.

    Blockchain safety agency CertiK tracked greater than 150 safety incidents that resulted in losses in 2023. within the first quarter. Supply: CertiK
    The info assortment platform Statista predicted that by 2027 the full variety of cryptocurrency market customers on this planet will attain 994 million. Supply: Statista Market Insights
    The International Anti-Fraud Alliance has shared knowledge displaying that cash misplaced and fraud reported are growing yearly worldwide. Supply: International Anti-Rip-off Alliance

    Proceed studying Coin Telegraph.

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