Crypto Heists: Unveiling the Billion-Dollar Underworld Despite Sluggish Crime Rates - IT News Africa | Business Technology, Telecoms and Startup News

After stealing more than $3.5bn worth of cryptos in 2022, the worst year for crypto heists in the market`s history, crypto scammers and hackers have seen their inflows significantly drop in 2023. Still, the total amount of stolen money in crypto heists remains shocking., crypto criminals have stolen more than $10bn to date, despite crypto crime slowing down.

Statistics show 2022 saw 192 crypto heists, the highest number in the crypto market’s history, while hackers stole a mind-blowing $3.54bn of investor funds. Fortunately, the worrying trend slowed down in 2023, with crypto criminals stealing roughly $905 million in eight months, or less than one-third of the value seen in the same period a year ago.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Chartered Governance Professionals Meet in Victoria Falls - IT News Africa | Business Technology, Telecoms and Startup NewsChartered Governance and Accountancy Institute in Zimbabwe members will consider how they can contribute to bringing about Zimbabwe’s..
Source: ITNewsAfrica - 🏆 27. / 59 Read more »

FSS Ignites Future of Payments with BLAZE - IT News Africa | Business Technology, Telecoms and Startup NewsBlaze is an advanced payments technology platform designed to cater to the diverse needs of banks and financial institutions......
Source: ITNewsAfrica - 🏆 27. / 59 Read more »

Greylisting hits SA crypto arbitrage marketUS crypto exchange stopped accepting deposits from South Africans, pushing the crypto arbitrage premium to 3.5% on Monday.
Source: Moneyweb - 🏆 5. / 77 Read more »