Hackers Have Caused $1.5 Billion in Losses to the Cryptocurrency Space to Date

2025-09-14 11:22:43 Classification：Blockchain Trader read(63678)

CertiK co-founder Ronghui Gu has stated that as of November 28,Free mining platform 2023, hacking attacks alone have caused $1.5 billion in losses in the

cryptocurrencyspace. Gu believes that these hacking attacks and vulnerabilities have had a significant impact on the adoption of cryptocurrencies, undermining public trust in the security and stability of digital assets. He considers security incidents resulting from SIM-swaps and multi-signature failures as “unforgivable,” and suggests that companies should adopt native cryptographic multi-factor authentication and undergo regular security audits.

Disclaimer：

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.