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rising threats in crypto security driven by ai and quantum computing

In 2024, losses from crypto scams and hacks surged by 21%, totaling $2.2 billion across 303 incidents, with centralized services and private key compromises being primary targets. Notable exploits included the $305 million DMM hack and a $235 million breach of WazirX. As AI-driven attacks rise, experts stress the need for enhanced security measures and regulatory oversight to combat evolving threats.

crypto industry poised for transformation amid regulatory changes and market growth

The crypto landscape is poised for significant transformation in 2025, driven by Ethereum's Pectra and Verge upgrades, enhancing scalability and security. Institutional interest surges as regulations like MiCA provide clarity, while fraud and cybercrime remain pressing challenges. Bitcoin's price rally, fueled by speculation, contrasts with its utility issues, highlighting a market at a pivotal juncture.
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