Cryptocurrencies had a strong start this year, with crypto asset prices, such as Bitcoin, reaching record-heights. However, that caught the attention of cybercriminals.
The Atlas VPN team found that cybercriminals stole around $108.3 million from various blockchain projects in the first quarter of 2021 — a 46% rise from the same period last year. Ethereum DApps, blockchain wallets, and cryptocurrency exchanges were the criminals' target of choice.
Ethereum (ETH) DApps were the most popular among cybercriminals in the first quarter of 2021. They were affected by a total of 11 breaches and 5 scam events, which amounted to over $86 million in losses. Blockchain wallets were also commonly attacked. There were 9 blockchain wallet breaches recorded in the...
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