🚨Crypto News Flash🚨 Web3 hackers stole over $126M from #DeFi platforms in January 2024, a sixfold increase! 😱 Major vulnerabilities include multi-sig wallet compromises & loan attack vectors. Despite this, cybersecurity is improving with less than 1% of crypto activities involving illicit actions.🔒

🔹Orbit Bridge lost $80M in one of the largest hacks

🔹Chainalysis reports a 39% reduction in stolen wealth transactions

🔹Real-time transaction monitoring & global law enforcement collaboration are key to tackling crypto crime

🗣️What are your thoughts on the future of crypto security? Share in the comments!👇