With demand for cryptocurrencies, cryptocurrency hacking has also begun. And because Bitcoin and Ethereum have become more popular, hackers target these currencies to benefit from valuable assets. But the idea here is how to keep your cryptos safe.
The biggest cryptocurrency, Bitcoin, increased its trading value to over $60,000 (as of October 24, 2021), after reaching the highest level several days ago since August 2019. The price fluctuation of cryptocurrencies is unpredictable, and both investors and cybercriminals are attracted.
Several hacks and heists have been recorded on cryptocurrency exchanges and crypto wallets since its inauguration in 2009. According to the ‘AML’ study from the blockchain security company CipherTrace, bitcoin crimes worldwide reached more than $4.3 billion in 2019.…Continue reading