Offchain transaction validation could prevent 99% of crypto hacks, scams
A cutting-edge blockchain security system promises to ward off approximately 99% of all cryptocurrency thefts and frauds, with an estimated loss to the industry amounting to around $2.3 billion in the year 2024. One major challenge hindering widespread cryptocurrency acceptance is the issue of hacks, as reported by cybersecurity company Chainalysis. They found that losses … Read more