**Just In 🚨**: According to Immunefi, a Web3 bug bounty platform, the damage resulting from cryptocurrency-related security incidents, such as exploits (vulnerability exposure) and hacking, during the third quarter amounted to $685.5 million. This marks a significant increase of 59.9% compared to the damage incurred in the second quarter, which was $428.7 million. Notably, the mixin network and multi-chain hacking accounted for $126 million and $326 million, respectively, representing 47.5% of the total damage. #Immunefi #CryptocurrencySecurity #CryptoIncidents #BlockchainSecurity

🔒 WalletConnect, the Web3 cryptocurrency wallet connection protocol, has addressed a potential vulnerability highlighted by blockchain security firm CertiK. CertiK identified a cross-site scripting (XSS) flaw that could have potentially allowed users to approve malicious transactions. WalletConnect has since taken steps to enhance the security of its authentication API, effectively resolving the issue and bolstering the protocol's security. 🛡️🌐 #WalletConnect #CryptocurrencySecurity #VulnerabilityResolved

**News Update: 🌐💔 #CoinsPhHack**
Reports reveal that Philippines-based crypto wallet, Coins (Coins.ph), fell victim to an exploit, resulting in the theft of 12.2 million XRP ($6.31M). The hacker reportedly transferred the funds to various platforms, including OKX and Whitebit. Coins and fund manager Bitgo are yet to confirm the details. 🚨💼 #CryptocurrencySecurity

🔍 Blockchain data analysis company ChainArgos revealed that TrueUSD, initially claiming no connection to TEURO (a euro-linked stablecoin), admitted that TEURO was issued using one of TrueUSD's private keys. TrueUSD acknowledged exposure to hacking around September 18th, raising concerns about the security of TUSD's reserves. The situation becomes more complex with the issuance of 850 million TUSD by Justin Sun, the founder of Tron (TRX), just three days before the hacking incident.
#TrueUSD #TEURO #Hacking #CryptocurrencySecurity 🔐💰

🛡️💰 Protect Yourself from Cryptocurrency Scams! 💡🔒

Cryptocurrency scams are rampant, but with the right knowledge and precautions, you can safeguard your assets. Here are some essential tips to avoid falling victim to scams:

🔹 Choose a Reliable Platform: Opt for trusted and secure platforms like Binance, known for their robust security measures and user protection.

🔹 Beware of High-Risk Investments: Be cautious of individuals on platforms like Binance Square who lure you into registering on specific websites for mining or investing in coins promising unrealistically high returns. These are likely Ponzi schemes aimed at swindling your money.

🔹 Verify Projects: Before investing in any project, use reliable verification tools like https://skynet.certik.com to determine its legitimacy. This helps you distinguish between genuine projects and potential scams, protecting your funds from fraudulent schemes.

By following these tips and staying vigilant, you can minimize the risk of falling victim to cryptocurrency scams. Stay informed, stay safe! 💪💻

#ScamRiskWarning #Megadrop #CryptocurrencySecurity #stayvigilant 🚨🔐

🔒🔍 Blockchain-focused security firm Peckshield revealed via Twitter that the CRV ecosystem DeFi protocol Zunami Protocol fell victim to a hacking attack, incurring over $2.1 million in losses. Peckshield noted that the attacker exploited a code vulnerability to manipulate the price of Zunami's own dollar-backed stablecoin, UZD. Incidents like these emphasize the importance of robust security measures within the DeFi space. 💻💰 #ZunamiProtocol #DeFiHack #CodeVulnerability #CryptocurrencySecurity

🔒🕵️‍♂️ CertiK, the blockchain security expert, has unveiled insights from their investigation into the $1 million cryptocurrency-stealing operation named 'Faint'. 🚨🔍 Operating since 2022, the culprits remain unidentified. CertiK found Ethereum Name Service (ENS) domains linked to Faint, such as 'faintxbt.eth' and 'hzontop.eth'. Stay vigilant and protect your assets! 💻💰 #CertiK #CryptocurrencySecurity #FaintInvestigation #StaySafe

🔍 According to O'Daily, a situation has been reported where a phishing website related to 'Osmosis' is displayed at the top of Google search results. It's crucial for users to exercise caution and verify website authenticity when searching for cryptocurrency-related information to avoid falling victim to phishing attempts. 🚨🌐 #PhishingAlert #CryptocurrencySecurity #Osmosis