Bittime - Ethereum, one of the largest blockchains, took center stage in hacking cases in 2024. Data from Smart Betting Guide revealed that Ethereum experienced 33 hacking incidents, outperforming other platforms such as BNB Chain, Arbitrum, and Solana.
DeFi Sector Takes a Hit
The research also highlighted the DeFi sector as the most impacted, with all hacking incidents occurring in this sector. The hack not only affected finances, but also resulted in significant losses for crypto users.
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Major Events in Crypto Hacking
Based on the reported data, some of the key events include major losses on projects such as Orbit Bridge, Chew Foods, and PlayDapp. These losses reached quite significant figures, reflecting the risks faced by crypto users amidst increasing hacking incidents.
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Decreased Theft in March
Despite the worrying hacking trend, the CertiK report shows a substantial decrease in crypto theft during March. This reflects security enhancement efforts across multiple platforms and protocols.
Online Security Practices for Crypto Users
The importance of crypto security cannot be ignored. The Smart Betting Guide recommends important steps such as keeping passwords and seed phrases secure, using hardware wallets, and implementing online security practices such as Two-Factor Authentication (2FA) and vigilance against phishing messages.
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Cryptocurrency Protection
In the ever-growing crypto world, digital asset protection is key. Proper security measures can help users reduce the risk of loss due to hacking and fraud.
How to Buy Crypto With Bittime
You can buy and sell crypto assets in an easy and safe way through more . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets at more, make sure you have registered and completed identity verification. Apart from that, make sure you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can buy crypto assets in the application.
Learn How to Buy Crypto on Bittime.
Monitor the movement of the price chart Bitcoin (BTC),Ethereum (ETH), Solana (SUN) and other cryptos to find out current crypto market trends in real-time on Bittime.
DISCLAIMER: This article is informative and does not constitute an offer or solicitation to sell or buy any crypto asset. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in crypto asset exchange rate fluctuations.
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