Friday, March 29, 2024
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Over $204M lost to DeFi hacks and scams in Q2: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The second quarter of 2023 saw over $208 million exploited and hacked from DeFi protocols, and with just $4.5 million of funds recovered,

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Why have Bitcoin and crypto lost 60% of their market cap since their all-time highs?

Macro Markets, hosted by crypto analyst Marcel Pechman, airs every Friday on the Cointelegraph Markets & Research YouTube channel and explains complex concepts in layperson’s terms, focusing on the cause and effect of traditional financial events on day-to-day crypto activity.The latest Macro Markets show begins by exploring why the crypto

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April’s crypto scams, exploits and hacks lead to $103M lost — CertiK

Crypto exploits, exit scams, and flash loan attacks saw little signs of letting up in April, with more than $103 million of funds stolen from crypto projects and investors in the month. On April 30, crypto security and auditing firm CertiK posted an April roundup of crypto exploits, scams, and hacks, revealing

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Australian crypto scams increased by over 162% with nearly $150M lost

Australians lost $148.3 million (AUD$221.3 million) from investment scams where cryptocurrency was used as the payment method in 2022 — a 162.4% increase from 2021.According to an April 17 scam activity report from the country’s consumer regulator, the Australian Competition and Consumer Commission (ACCC), 3,910 crypto scam incident reports were

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