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Edited by Kapil334 at 23-12-2023 04:51 AM
When we talk about blockchain, it's impossible to ignore cryptocurrency, and cryptocurrency is inevitably associated with hackers. Hackers were already a significant presence in this space from the early days of blockchain. As the blockchain technology has flourished, it has exposed increasingly severe security vulnerabilities.
Whenever people mention ""blockchain"" and ""cryptocurrency,"" the term ""hackers"" is inseparable. Cryptocurrency is the most interesting aspect for hackers, with many early Bitcoin supporters being hackers themselves. As more people became aware of cryptocurrencies, led by Bitcoin, and their prices surged, security vulnerabilities in the blockchain also began to surface. Many hackers found blockchain to be a profitable arena. After all, who wouldn't be tempted by the potential gains? According to data from the cybersecurity company Carbon Black, in the first half of 2018, approximately $1.1 billion worth of digital cryptocurrencies were stolen, and losses from global blockchain security incidents were still on the rise.
However, the latest report from the blockchain security company CipherTrace last year indicated that the total value of stolen cryptocurrencies worldwide was around $266 million. This represents three to four times the amount stolen in the first half of this year compared to last year. Thus, as blockchain technology continues to grow, its security vulnerabilities are becoming increasingly severe. The current situation is that there are quite a few vulnerabilities, and hackers have become much quicker, swimming like a big shark among a school of sardines in the blockchain.
Blockchain security issues have become a significant stumbling block. These issues concern not only financial security but also the core consensus of blockchain technology. |
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Post time 25-10-2023 20:57:47