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Crypto audits give investors false sense of security as Q3 hacks cost $1.18 billion, Hacken says

Published Source: CoinDeskRead original

Crypto Insight Summary: The security firm found that 77% of third-quarter losses involved compromised suppliers, delayed fixes or systems outside the latest security reviews. Crypto Insight Analysis: Direction: Bearish Crypto Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Security concerns may deter investors, but impact is limited as hacks are recurring.

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Crypto audits give investors false sense of security as Q3 hacks cost $1.18 billion, Hacken says — Crypto Insight