Tuesday, 06 December 2022

 

 

LATEST NEWS One unit of donated blood can save four lives : Chetan Singh Jauramajra SAD leaders including Majithia patronized gangsters and smugglers during their 10-year regime in Punjab: Malwinder Singh Kang Ranjit Bawa Drops Poster Of His New Song From The Upcoming Album ‘GOD'S LAND’ Punjab National Bank donates to supportthe Thiruvananthapuram Municipal Corporation LPU hosted 11th annual Celebrations of Antara Dance & Creative Art Studio at its campus Punjab's new agriculture policy will be ready by March 31: Kuldeep Singh Dhaliwal Professor of Department of Chemistry, Guru Nanak Dev University awarded with prestigious Dr. P.N. Pathak Memorial Award-2022 “Equal Treatment, Equal Access: Raising awareness about people with disability and their struggle for equal rights.” REPL Crusaders won the CII Corporate Cricket League 2-Day 6TH CGC International MUN concludes at CGC Landran Rahul Gandhi promises change in Gujarat, Amit Shah says vote for a bright future Bangladesh's reserves increased to $48 bn : Sheikh Hasina Sanjay Mishra is a fan of Ajay Devgn-starrer 'Drishyam' Lalu Prasad's kidney transplant successful in Singapore : Tejashwi Yadav Would absolutely love to captain ODI team : Glenn Phillips Shoot Of Baani Sandhu’s Debut Film ‘Medal’ Started Shafali Verma to captain India in inaugural edition of U19 Women's T20 World Cup Kavita Banerjee all set to play a negative role in 'Bhagya Lakshmi' Ishaan Khattar, MC Square come together for FIFA rap anthem Narendra Modi inaugurates two-day national office-bearers meeting in Delhi No chance of meeting PM separately this time : Mamata Banerjee

 

Crypto losses reach $428 mn in Q3 globally, hacks top concern

Cryptocurrency, Bitcoin, Ethereum, Crypto Investors, Crypto, Digital Coin

Web Admin

Web Admin

5 Dariya News

New Delhi , 05 Oct 2022

The world saw crypto losses up to $428 million in the third quarter (Q3), down 36 per cent from Q2, from hacks and frauds, a new report has shown.An analysis of the crypto losses by bug bounty platform Immunefi found that fraud accounts for only 7 per cent of the total losses in the Q3 2022, while hacks account for 93 per cent.

"The global Web3 space was valued at $3 trillion in 2021, and with billions locked across different smart contracts, this capital represents an unparalleled and attractive opportunity for blackhat hackers," the report mentioned.

The researchers saw a loss of $399 millions to hacks across 30 specific incidents, and a loss of $29 million to fraud across nine specific incidents."Most of that sum was lost by 2 specific projects, Nomad Bridge, a cross-chain communication standard that enables transfers of tokens and data between chains, and Wintermute, a global crypto market maker," the report said.

In the Q3 of 2022 DeFi (decentralised finance) continues to be the key target for exploits as compared to CeFi (centralised finance).DeFi represented 98.8 per cent of the total losses, while CeFi represented 1.2 per cent of the total losses.

The two most targeted chains in Q3 2022 were BNB Chain and Ethereum.BNB Chain suffered the most individual attacks with 16 incidents, representing 28.6 per cent of the total losses across targeted chains, and Ethereum witnessed 13 incidents, representing 23.2 per cent, respectively.

 

Tags: Cryptocurrency , Bitcoin , Ethereum , Crypto Investors , Crypto , Digital Coin

 

 

related news

 

 

 

Photo Gallery

 

 

Video Gallery

 

 

5 Dariya News RNI Code: PUNMUL/2011/49000
© 2011-2022 | 5 Dariya News | All Rights Reserved
Powered by: CDS PVT LTD