The Dangers of Crypto Payroll: What You Need to Know
With the crypto payroll market surging, the dangers lurking behind it are more pronounced than ever. The recent uptick in crypto hacks is a wake-up call for companies who think they can implement these systems without a hitch. As the crypto space grows, so do the vulnerabilities.
The Dangerous Rise of Crypto Payroll
Crypto payroll systems have gained traction recently due to their seamless cross-border transaction capabilities. They allow global crypto business banking, which is a plus. But, with cryptocurrency payments come enormous risks. In just July 2025 alone, there was a 27.2% rise in crypto hacks, with 17 major hacks resulting in losses of $142 million. The CoinDCX hack, a sophisticated social engineering attack, raised eyebrows…
