Wallet developer offers 'on-chain bounty' daring hackers to take $430K BTC
Zengo Wallet uses an MPC network and 3-factor authentication to secure accounts.
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Zengo Wallet uses an MPC network and 3-factor authentication to secure accounts.
Last week saw significant reports about crypto hacks and crimes, one that captures the entirety of 2023.
Fraudulent schemes and severe data breaches by hackers have seen crypto firms lose about $2 billion in cryptocurrencies in 2023. | Pulse Nigeria
The Bitcoin market lost billions of dollars for an additional year due to hackers, but reports indicate a declining trend.
TechCrunch reports that threat actors were able to exfiltrate almost $2 billion worth of cryptocurrency from various cyberattacks and heists this year.