Crypto Market Suffers Over Half Billion Dollar Loss due to Cybercrimes, Beosin Reports

According to a recent report by blockchain security firm Beosin, the cryptocurrency market has recorded a loss exceeding half a billion dollars from hacking and other illicit schemes in the first half of the year. Beosin’s recently published security data shows that in the first six months of 2023, the web3 domain experienced a loss of $655.61 million in total from hacking, phishing scams, and malicious transactions. The security company Beosin pointed out that 108 hacking attacks led to a loss of funds worth $471.43 million. The losses resulting from 110 rug pulls and phishing scams were respectively $75.87 million and $108 million. Significant Drop in Losses! According to Beosin, the losses resulting from hacking incidents between January and June this year are significantly lower than the losses occurred in the first and second halves of 2022. The security company stated: In the first half of 2022, the total loss […] The post Crypto Market Suffers Over Half Billion Dollar Loss due to Cybercrimes, Beosin Reports appeared first on COINTURK NEWS.