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Bilal Ashraf
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$64K! Weâre all getting girlfriends soon!
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Bilal Ashraf
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Are you buying #XRP at the lows, because if you don't buy it below $1 now, you'll definitely buy it at $1000 per token as soon as the settlement is pronounced đ $XRP đđ„đ
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YES or NO? $XRP
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Which of these will have best airdrop? đ€ 1. Hamster kombat 2. Blum
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Bybit reveals over $940m in abnormal withdrawals during H1 2024 Fraudsters continue targeting crypto exchanges, with Bybit reporting nearly $1 billion in suspicious withdrawal requests during the first half of 2024. Bad actors seem to be ramping up efforts to defraud crypto exchanges, with Bybit detecting nearly $1 billion in suspicious withdrawals during the first half of 2024. In a Sept. 20 press release, the exchange said it prevented over $79 million in client assets from being lost through its enhanced security measures, which leverage artificial intelligence technology to detect and block fraudulent activities. Bybit also flagged abnormal withdrawal requests totaling $940 million, with over 8.4% confirmed as fraud attempts. The exchange says its AI-powered systems, including biometric authentication and behavioral analytics, played a key role in thwarting a recent attempt âinvolving face-swapping technology aimed at bypassing facial verification.â Bybitâs chief operating officer Helen Liu says the fraudulent withdrawal rate remained âbelow 10%â during the first six months of 2024. The exchangeâs focus on security comes as the exchange faces broader industry scrutiny. In May, international prime broker Hidden Road halted trading for its clients on Bybit, citing concerns over its verification practices. Although the exchange has not addressed the issue publicly, a spokesperson emphasized the companyâs commitment to transparency. Despite these challenges, Bybit says it executed over 30 million withdrawals and protected more than $37 million in project funds since the start of the year, reaffirming its commitment to security amid a growing threat landscape. $BTC $ETH $BNB #DODOEmpowersMemeIssuance #BTCReboundsAfterFOMC FOMC #BinanceLaunchpoolHMSTR
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Black sheep for life. $XRP
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