Nefture Decrypt: DeFi Risks and Crypto Crimes #4

?? JUST RELEASED ??The H1 2024 Crypto Crime?Report

Almost $2 billion was wiped out by crypto hackers and fraudsters in the first half of 2024!

With hacks causing almost as much damage than attacks targeting retail investors like phishing scams and fraudulent projects. […]

Mt. Gox Unveiled: The Real Story a Decade After the?Collapse

Mt. Gox was once “the most important and prominent property in Bitcoin.” Some thought its downfall would kill Bitcoin.

Ten years after its demise, Bitcoin still feels the ripple effects as more than $9 billion worth of Bitcoin is on its way to being unloaded in the market to recoup a tiny fraction of the loss suffered by the victims of the OG FTX. […]

RailGun: A Rival for Tornado Cash’s Criminal Money Laundering Haven?

Railgun has been hailed by Vitalik Buterin as a regulatory-friendly privacy tool, and he even uses it himself.

Yet, at the same time, crypto criminals, especially the notorious North Korean hacker group Lazarus, have been exploiting it to launder millions in stolen funds, putting this claim to the test. […]

Uncovering the Key Risks of DeFi?Lending

Decentralized finance (DeFi) lending protocols have emerged as the second most prominent sector within the cryptocurrency ecosystem and currently represent a $31 billion market.

These protocols offer users the ability to borrow, lend, and earn interest on digital assets without the need for traditional financial intermediaries.[…]

The Multi-Million MEV Bot Scam?Industry

Millions have been lost to arbitrage MEV bot scams over the last year, entrapping both old and new crypto users.

With the influx of liquidity and new entrants into the space since the crypto market’s comeback in January 2024, this scam is likely to break all records this year. […]

Frontrunning MEV Attacks Explained

MEV bots preying on liquidity providers resulted in a staggering loss of $500 million in 2023.

Data analyst Lekos reported that 75% of these losses are due to transactions under $20,000. […]

About Us

Nefture is a Web3 real-time security and risk prevention platform that detects on-chain vulnerabilities and protects digital assets, protocols, and asset managers from significant losses or threats through its monitoring tools.

Nefture’s core services include Real-Time Crypto Transaction Security and a Threat Monitoring Platform that provides accurate exploit detections and fully customized alerts covering hundreds of risk types, with clear expertise in DeFi.

Today, Nefture proudly collaborates with leading projects and asset managers, providing them with unparalleled security solutions that mitigate threats and ensure the security of their wallets and transactions.

Book a meeting with the team! ??https://calendly.com/d/ck6x-jrk-zkk/meeting-with-nefture?month=2024-05