🚀 Crypto News August 16:

🔒 BSI Germany recommends hardware wallets for the safest crypto storage. Exchange wallets (hot wallets) are convenient but vulnerable to hacking. Self-managed wallets are safer but still have security vulnerabilities. Backup seed phrases and store carefully!

📈 Crypto crime to increase by 2.8% in 2024, stolen value increases by 84.4% due to rising digital asset prices. Key exploits account for 52.2% of hacks and 57.5% of lost value.

💥 In July, crypto hacks caused $266M in damage, mainly from the WazirX exchange hack ($235M). North Korean hacker group Lazarus is suspected. Casper Network was also attacked but has recovered.

💬 What do you think about crypto security measures? Share your opinion! 👇#CryptoNews#Blockchain#BTC#Security #Hacks