Over $127 million was stolen in Q3 2024 due to phishing attacks, with September alone seeing losses of $46 million. Over $127 million worth of cryptocurrencies were stolen from investors in the third quarter of 2024, with approximately $46 million lost in September. According to Web3 security firm Scam Sniffer, around 10,800 victims were impacted…
Tag: Crypto
Crypto ownership isn’t rising with recent market growth, Fed survey claims
Crypto ownership has not significantly risen even with the bear market over, according to the Federal Reserve Bank of Philadelphia’s Consumer Finance Institute. According to United States Federal Reserve research, the rate of cryptocurrency ownership isn’t growing in tandem with the crypto market’s recent resurgence. “Recent growth in the [crypto] market has not been accompanied…