2022 - Record breaking year for Hackers || Keep you Wallets and Password safe || 10% to tfc

Hello everyone

All the crypto currency get crashed this year. Most of the investors lost their fund or only get less profit after understanding the current market situation. But one community get huge profit from crypto currency, they are Hackers.

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In this October month itself they looted atlest $718 million dollars from crypto. This year alone they hacked and stealed a huge amount of $3 billion dollars. Which is a record breaking value of all time amount according to Chainalysis report.

Most of the hackers target is Decentralisedfinances or DeFi. In which use only the Software based coding algorithms to easy for investers to Buy and Sell, Lend and borrow on digital platforms without central intermediate.

Hackers are looking at the weakness in the security system, codings and the diffrent structures in the DeFi marketplaces.
On Thursday Chainalysis said in Twitter " October is the biggest month of hacking and related activities in the year 2022 " and also said bridges in block chain are creating more vulnerability.

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In recent days there are two major hacking that affected the whole crypto industry. One is that the hacker taken away $100 million dollar by hacking DeFi service Mango by altering the price of its tokens. The unknown thief taken all the deposits from the platform by hacking.
Another latest news that occured in last week is a major hack. 2 million Binance coins which is equivalent to $570 million dollars were taken by the hackers. recently Binance stated that about $100 million dollar isn't recovered still now. but the restof the amount was frozen this is said by Binance in statement.

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Now a days DeFi platform become the target for most of the hackers. The security of the DeFi should need to be increased. In the earlier days of this year Chainalysis reported that a group from North Korea stolen about $1 billion dollar of cryptos from DeFi platforms.