The biggest crypto hacks in 2023
Late October 2023 brought a major resurgence across the crypto market spearheaded by the world’s foremost cryptocurrency – Bitcoin (BTC). The ongoing rally saw massive inflows as well as different coins and tokens reaching highs not seen in well over a year. The bull run brought the industry back into the public consciousness – if it had ever indeed truly left – as evidenced by the fact that a recent Grayscale poll found that as many as 70% U.S. voters want a president knowledgeable about blockchain, artificial intelligence, and other innovative technologies. This rise in traffic also, unfortunately, brought about a renaissance in crypto hacks and scams, as evident to anyone actively following the comings and goings of the digital assets community and as evidenced by the fact that institutions like the U.K.’s Lloyds Bank (LON: LLOY) issued warnings of the most common types of crypto fraud. Or so it would appear. Cryptocurrency Bitcoin adds 70,000 mil...