Technology

Hacking loot totaled $ 7.7 billion in cryptocurrency in 2021 – France News Live

Selon les derniers chiffres publiés par la société, les escrocs et les cybercriminels sur les crypto-monnaies ont I withdrew 7.7 million dollars from crypto-monnaies aux victimes in 2021, avec une perte de 81% par rapport à 2020. Enregistré une increase. Chain analysis Block chain analysis. Of those $ 7.7 billion in losses, the company said, about $ 1.1 billion came from a single scheme allegedly targeting Russia and Ukraine. “As the most significant form of crypto-based crime targeting only new users, fraud is one of the biggest threats to the continued adoption of cryptocurrencies,” Chainalysis reported.

At the same time, the number of deposits to fraudulent addresses increased from just under 10.7 million to 4.1 million. This may mean fewer victims of fraud, but the losses are even greater. In 2021, cryptocurrency losses were mainly due to the “rag tug,” a new cryptocurrency developer stealing supporters and disappearing. Rag Riders accounted for 37% of all cryptocurrency fraud revenue this year, totaling $ 2.8 billion, up from just 1% in 2020.

“With the right technical knowledge, it’s cheap and easy to create a new token on the Ethereum blockchain and list it on a decentralized exchange (DEX) without code auditing, which is why rug sweaters are popular on DeFi. The report warns. The characteristics of investment fraud networks are changing. Chainaylsis discovers that the number of active financial fraud has increased from 2,052 in 2020 to 3,300, and that its useful life has increased from more than 500 days in 2016 to 291 days in 2020 and only 70 days in 2021. The A’s do.

Importance of Enhanced Code Auditing

“Previously, these scams could continue to operate for longer. When criminals become aware of these behaviors, they may feel the pressure to close their doors before attracting the attention of regulators and law enforcement. There are, ”explain the Chainalysis researchers. Unsurprisingly, fraud is on the rise as popular cryptocurrencies like Ethereum and Bitcoin rise in value, but the link may have been broken in the past year.

“The most important thing to remember is to avoid new tokens that have not been audited by code. Code auditing allows third-party companies to analyze new smart contract tokens or codes behind other Fi projects and contracts. The process to publicly guarantee these governance rules is robust and the developers do not include a mechanism to escape investors. Money. “”

“Investors may also be aware of tokens that do not have the expected public documentation for legitimate projects like websites and white papers, and tokens created by people who do not use their real names.”

Source: .com

Hack’s loot totaled $ 7.7 billion in cryptocurrencies in 2021

Source link Hack’s loot totaled $ 7.7 billion in cryptocurrencies in 2021

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