#hacks
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Crypto Scams and Hacks Hit Record Lows: CertiK Report
December 2024 showcased significant strides in the cryptocurrency industry's fight against fraud and cybercrime. According to blockchain security firm CertiK, losses from scams, hacks, and exploits fell to their lowest level of the year, amounting to $28.6 million.
Bitcoin Scalability Problem: Who’s Next in Line to Solve It?
While the Bitcoin blockchain is hailed as a benchmark for security and decentralization, its Achilles' heel remains its limited scalability. Despite Bitcoin Core’s strong defense against hacks, the ecosystem’s growth is constrained by the inherent limitations of Bitcoin Script. 3 Crypto Exchanges That Have Never Been Hacked (2024)
Picking a reliable crypto exchange from hundreds of options can be difficult. One way to figure out if an exchange is secure or not is to look at its history for hacks. If any incidents occurred, check how the platform improved its security measures afterward. 
North Korea Hacks South Korean Chip Manufacturers
North Korean hackers have infiltrated two South Korean companies involved in chip manufacturing, including those used in artificial intelligence technologies. The South Korean National Intelligence Service has not disclosed the full scale of the breach but confirmed the theft of numerous blueprints of products and manufacturing facilities. 
Crypto Hacks Bring $688M in Losses for Q2 2024
The "Hack3D: The Web3 Security Report," published by CertiK, a security company, reveals that blockchain projects experienced 184 security incidents in the second quarter of 2024, resulting in losses totaling $688 million. This marks a 37% increase from the previous quarter. Crypto Projects Suffer $572M Losses in Q2 2024
In the second quarter of 2024, crypto projects lost $572 million to fraud and hacks, more than doubling the $265 million in the same period last year. The two biggest victims were centralized exchanges: Japan’s DMM Bitcoin ($305 million) and Turkey’s BtcTurk ($55 million). 
Coinbase wallet boosts security
Hacks and phishing attacks prompted Coinbase Wallet devs to enhance user security.
So now Coinbase Wallet features:
?transaction preview to avoid unwanted token swaps.
?malicious dApps alerts.
?alerts in case of unauthorized access to your token balance.
?push notifications about the upcoming token burn.
Good job! But to reach full control, the wallet should also report price slippage. This will be the highest zen of trading.