#SuspectedNorthKoreaAttacksAccountForNearly89%OfCryptoHackLosses
The latest Chainalysis figures reveal a worrying trend in crypto security.
2021: 15% of reported hack losses.
2026: Nearly 89%.
Average loss per attack: $50.65M → $185.65M.
Binance incident: Approximately $6.3B.
The figures show how costly major crypto security breaches have become.
My Analysis:
The biggest concern isn't just market volatility — it's the security of funds.
Centralized exchanges need stronger internal controls, better transaction monitoring and improved protection against unauthorized access.
Self-custody is becoming an important discussion, but it also requires users to understand wallet security and protect their recovery information.
The big question:
Do you still trust centralized exchanges, or is self-custody the future?
#CryptoSecurity #bitcoin #$1.5BInLeveragedCryptoBetsLiquidated