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Pratik Mali
Pratik Mali

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Biggest Crypto Hacks and Scams of 2023

  • Cryptocurrency adoption has led to increased criminal activity
  • 2023 saw some of the largest crypto hacks and scams
  • Euler Finance was hacked for over $197 million worth of crypto assets
  • Mixin lost over $200 million due to a cloud provider hack
  • CoinsPaid suffered a phishing attack for $37 million
  • Atomic Wallet lost $100 million in stolen assets, possibly due to Lazarus hackers or Ukrainian hacking groups
  • Trust Wallet was targeted for $40 million in phishing attacks
  • These incidents highlight the ongoing threat of social engineering in the crypto sector.

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Victor Del Pino

I read about all of this hacks and making the conclusion it's essential to highlight the importance of using the security tools and features as 2FA and AML checking. It's an indicator the high security level of the exchange the user trading on, so that's why the exchanges like Binance, Kraken, WhiteBIT or Coinbase were launched the all these features, especially the AML checking.