Major Cyberattacks Targeting Cryptocurrency & NFT Industry
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Major Cyberattacks Targeting Cryptocurrency & NFT Industry
The volatility of Bitcoin’s value and the wider cryptocurrency market not only draws traders and investors but also entices a variety of threat actors eager to exploit this lucrative space. From ransomware gangs and APT groups to hacktivists and opportunistic cybercriminals, both individuals and firms in the crypto and NFT industries face relentless targeting. As adoption grows, many users—particularly newcomers—lack the expertise to protect their assets effectively, while firms often struggle to keep pace with the rapidly evolving threat landscape, leaving critical systems and platforms exposed.
Dark web forums further amplify these risks, offering tools like phishing kits, exploit packages, and vulnerability disclosures that make it easier to attack wallets, exchanges, and decentralized platforms. For attackers, the billions of dollars circulating in cryptocurrencies and NFTs represent an irresistible opportunity, with quick and high-value payoffs fueling their operations.
The risks are staggering. According to SlowMist, a blockchain …
The volatility of Bitcoin’s value and the wider cryptocurrency market not only draws traders and investors but also entices a variety of threat actors eager to exploit this lucrative space. From ransomware gangs and APT groups to hacktivists and opportunistic cybercriminals, both individuals and firms in the crypto and NFT industries face relentless targeting. As adoption grows, many users—particularly newcomers—lack the expertise to protect their assets effectively, while firms often struggle to keep pace with the rapidly evolving threat landscape, leaving critical systems and platforms exposed.
Dark web forums further amplify these risks, offering tools like phishing kits, exploit packages, and vulnerability disclosures that make it easier to attack wallets, exchanges, and decentralized platforms. For attackers, the billions of dollars circulating in cryptocurrencies and NFTs represent an irresistible opportunity, with quick and high-value payoffs fueling their operations.
The risks are staggering. According to SlowMist, a blockchain …