"The latest report from CertiK shows that $1.19 billion was lost due to onchain security incidents in the first half of 2024, suggesting the need for improved security measures. The majority of losses were due to phishing attacks and private key exposure, with total losses from phishing reaching $498 million. Let's comment on this issue!#cryptocurrency#security#blockchain😯

Among 2024 security breaches, the Bitcoin DMM attack was the largest in Q2, causing $304 million in losses. Another incident with Turkish exchange BtcTurk resulted in the loss of $90 million.

Amid the damage in the first half of 2024, the FIT21 bill was introduced and passed in the US. This bill aims to improve consumer protection and support innovation in the cryptocurrency industry.

Share your opinions on the latest trends and security measures in the cryptocurrency industry!#FIT21#decoder #terms"