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CertiK reports 27 incidents of rising cryptocurrency scams in the past week

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CertiK, a popular blockchain security network, tweeted that there have been around 27 security incidents in the crypto space in the past seven days.

Security incidents in cryptography

Security continues to be a major concern in cryptocurrencies, with several major attacks recorded in recent months. On April 14, CertiK Alert tweeted that it had recorded around 27 incidents of security attacks in the past week alone.

the @tweet The tweet noted that about $52.2 million in cryptocurrency was lost due to the attacks.

According to the tweet, the most significant incident was that of cryptocurrency exchange network Bitrue, which lost about $23 million in various crypto assets. The attackers exposed assets such as ether, MATIC, SHIB, QNT, GALA, and HOT. These vulnerabilities led to the hacking of just one of many wallets linked to Bitrue.

Petro confirmed the reports TwitterWe identified a brief exploit in one of our hot wallets at 07:18 (UTC), April 14, 2023…we were able to quickly remedy this and prevent further exploitation of funds.”

Sirtic also noted that there were several other minor attacks. For example, CertiK has identified four major hacks and hacks on Twitter. Moreover, CertiK highlighted that there were around 14 phishing attacks in the same duration.

On April 10, CertiK identified another GDAC exploit. Reports indicated that most of the funds were stolen from the Wemix blockchain. On the same day, CertiK highlighted another exploit Terraport_who have experienced a breach in their liquidity portfolio.

On this same day, @tweet A fake Sui Twitter account promoting a phishing site has been reported. CertiK cited a popular EOA phishing site EOA 0xA47… aC3Ec, which managed to steal over $35,000 in just ten days.

On April 11, reports surfaced that the discord server @tweet was hacked. Others like @tweet And SyncDex Finance has also been seen recently prominent breaches.

just recently, FTC A report came out stating that between January 2021 and March 2022, cryptocurrency scammers stole more than $1 billion. Significant negatives included investment scams and romance scams.

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