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Crypto Security Improves In March, Sees Sharp Drop in Exploit Losses

TheNewsCrypto LogoTheNewsCrypto1d ago

Crypto Security Improves In March, Sees Sharp Drop in Exploit Losses - TheNewsCrypto

Quick Summary:

After February’s staggering $1.5 billion loss from the Bybit hack, March brought a significant improvement to the cryptocurrency security landscape.

According to blockchain security firm CertiK, crypto-related scams and exploits and hacks reached only $28.8 million in March while experiencing a massive 98% decline from the previous month.

In response to the attack, the platform offered a 20% bounty, which is double the standard rate.

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Article Details

Author / Journalist: Zayan

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-01 @ 09:39:27 (1 days ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 278 words

Reading Time: 2 minutes read

Sentences: 22 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 27514284

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About TheNewsCrypto

TheNewsCrypto Logo

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 30 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 12 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #125

Publisher Details

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The story "Crypto Security Improves In March, Sees Sharp Drop in Exploit Losses" was covered 1 days ago by TheNewsCrypto, a news publisher based in United Arab Emirates.

How trustworthy is 'TheNewsCrypto' news outlet?

TheNewsCrypto is news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in United Arab Emirates and publishes an average of 30 news stories per day.

It's most recent story was published 12 hours ago.

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  • News ID: #27514284
  • URL: https://chronographically.beamstart.com/news/crypto-security-improves-in-march-17435114155713

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