How The Exchange Is Fighting Crypto Crime
The secured funds include assets recovered from third-party hacks and those protected from account breaches and scams.
WhiteBIT cryptocurrency exchange announced today that it has successfully secured over $150 million in at-risk cryptocurrency funds in 2024, further solidifying WhiteBIT’s role as a key partner in the fight against digital crime.
According to the Chainalysis 2024 Crypto Crime Report, stolen crypto funds reached $2.2 billion globally, a 21.07% increase from the previous year. The number of hacking incidents rose from 282 in 2023 to 303 over the same period, reflecting an ongoing challenge for the industry in preventing and addressing security breaches.
High Profile Recoveries
WhiteBIT’s efforts have been central to…
