Saturday, January 11

Tag: Losses

Over $3 Billion Lost to Crypto Hacks and Scams in 2024, PeckShield Reports

Over $3 Billion Lost to Crypto Hacks and Scams in 2024, PeckShield Reports

Daily Crypto News
According to a report by blockchain security company PeckShield, the cryptocurrency sector experienced a sharp increase in security breaches in 2024, with losses amounting to $3.01 billion. This marked a 15% boost from 2023's $2.61 billion, showing growing vulnerabilities in the hectic digital property market. PeckShield's Breakdown of 2024 Crypto Losses PeckShield's analysis reveals that the bulk of 2024's losses originated from crypto hacks, which represented $2.15 billion, or 71% of the overall. The staying $834.5 million originated from numerous rip-offs, such as phishing attacks, Ponzi plans, and deceptive financial investment platforms. In spite of these enormous losses, efforts to recuperate taken funds have actually revealed some success. According to PeckShield, roughly $4...
Eden Gallery Distances Itself From $13 Million NFT Holders’ Loses

Eden Gallery Distances Itself From $13 Million NFT Holders’ Loses

Daily Crypto News
By Philip Maina14 hours agoThu Jan 09 2025 10:27:58 Checking out Time: 2 minutes Eden Gallery has actually refuted claims that it triggered NFT holders to lose $13 million Eden Gallery informed the court that the losses was because of undesirable conditions in the basic NFT market The NFT holders declare the job's developers carried out a carpet pull Eden Gallery, the developers of Meta Eagle Club NFTs, have actually distanced themselves from claims that they triggered NFTs' holders to sustain $13 million in losses. The NFT developers argued that the losses was because of undesirable conditions in the total NFT market, including that th...
Polygon’s concerns deepen as THIS flashes oversold– What now?

Polygon’s concerns deepen as THIS flashes oversold– What now?

Daily Crypto News
1200" height="675" src="https://ambcrypto.com/wp-content/uploads/2025/01/Editors-26-1200x675.webp" alt="Polygon's woes deepen as THIS flashes oversold - What now? " decoding="async" fetchpriority="high"/> < img data-del="avatar" alt="Avatar" src="https://ambcrypto.com/wp-content/uploads/2024/08/Profile-Image-e1723525948884-80x80.jpeg" height="48" width="48"/ > factor Share this short article Polygon's RSI has actually reached oversold levels after dropping to 23 in the middle of extreme selling pressure. 91% of Polygon wallet holders remained in losses at press time, recommending a bearish market belief. Polygon [POL] is on a high drop after visiting 1...