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Author: Admin | 2025-04-28
About the crypto industry to keep on top of the latest security threats and best practices. You might want to do a bit of crowdsourcing on security matters too. By joining online communities and forums, you can learn from other crypto enthusiasts and experts.Real-life Examples of Crypto HacksCrypto hacks are no theoretical threat; they really do happen. Decentralized finance and blockchain bridges are generally subject to the biggest crypto hacks these days, but as we've already seen, crypto hacks can take many forms.Here are some examples of the most high profile and biggest cryptocurrency hacking incidents that have occurred over the years:In 2014, Mt. Gox, one of the largest crypto exchanges at the time, lost 840,000 bitcoins (worth over $460 million at that point) due to a hack. It was one of the first high profile hacks in the crypto space.In 2020, a Twitter hack compromised high-profile accounts, including those of Elon Musk, Bill Gates, and Barack Obama, to promote a Bitcoin scam.In 2022, an unbelievable $625 million was stolen in ETH and USDC from the Ronin Network which supports popular blockchain gaming platform Axie Infinity. Perhaps unsurprisingly, this is often touted as the biggest crypto hack in history.A Safe and Secure Crypto SpaceThe sheer size and audacity of the real-life examples underscores the pressing need to protect yourself from would-be crypto hackers. Following the top 5 essential tips outlined in this article will help you do just that. So, remember to secure your passwords and use 2FA, keep your software and hardware up-to-date, use a cold storage wallet, be careful where you store your crypto, and educate yourself and stay informed. By doing so, you can enjoy the benefits of crypto without worrying about the risks. And if everyone does the same, then it helps contribute towards a safer and more welcoming crypto environment for everyone to enjoy.CeFi vs DeFi: What’s the Difference?CeFi vs DeFi: Understand the differences, pros, cons, and risks of centralized and decentralized finance. Read more in this blog.Creditcoin BlogBenedict ClarkTae Talks | Community QuestionsWe sat down with Tae to answer your community questions, covering 2.0+ staking requirements, 3.0 design and much much more…Creditcoin BlogToby Bromet
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