Nefture Decrypt: DeFi Risks and Crypto?Crimes #1
?? JUST RELEASED ??The Winter 2024 Crypto Crime?Report
A staggering $894 million was lost to crypto crimes in the first quarter of 2024, with over 125 reported incidents.?
Exploits accounted for nearly half of the stolen funds, totaling $423.2 million across 73 different exploits. Following closely were fraudulent projects, which drained $278.8 million, and phishing scams, siphoning $192 million from over 175,000 victims.
Wallet Drainers: a +300 Million Crypto Scam-as-a-Service Industry
Scam-as-a-service wallet drainers have made navigating the treacherous waters of crypto nearly impossible, as the ability to drain crypto wallets became accessible to all.
In 2023 alone, these scam-as-a-service crypto wallet drainers siphoned off $300 million from the pockets of 320,000 unsuspecting users.
When Crypto Scams Sponsored The Premier?League
What does a $1 billion crime network, UK Premier League clubs, crypto scamming, and Georgia’s ex-defence minister have in common?
Everything. Or, more accurately, they are all integral parts of the same trap that made countless victims lose millions.
Ethereum’s Potential Security Status: A Roadblock for ETH ETF Approval?
Ethereum enthusiasts have been waiting impatiently for the ETH ETFs. Although the delay in their approvals by the SEC seems to be a simple repeat of the Bitcoin ETFs approvals, the situation is actually much more complex.
One of the core issues is ETH’s status. While Bitcoin was clearly qualified as a commodity, what ETH qualifies as is still up in the air.
领英推荐
Private Keys: the Threat of Brute Force?Attacks
There is one particular type of hack that has been at the core of numerous private key exploits: brute force attacks.
A brute force attack is a cryptographic hack that relies on guessing possible combinations of a targeted password until the correct password is discovered.
?? NEFTURE?NEWS
Book a meeting with the team! ?? https://calendly.com/wafae-nefture
About Us I
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.