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Shift from DeFi to CeFi in Web3 security: Increased crypto losses in 2024

Shift from DeFi to CeFi: Cyvers Web3 Security Report Q2 2024

In Q2 2024, Web3 security changed significantly. Centralized exchanges (CeFi) became the main target for attackers. Meanwhile, decentralized finance (DeFi) protocols improved their defenses. Cyvers, a blockchain security firm, highlighted these shifts in its latest report.ย  Source: https://financialit.net/news/fundraising-news/cyvers-raises-8m-led-elron-ventures-bring-proactive-security-web3-economy Increased Crypto

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Binance logo with Bitcoin symbol

Binance Celebrates Seven Years with Bitcoin Growth

Binance, the worldโ€™s largest crypto trading platform by trading volume, is celebrating its seventh anniversary. As it marks this milestone, Binance’s Bitcoin (BTC) holdings have grown significantly.ย  Source: https://www.thecable.ng/just-in-binance-to-discontinue-all-naira-transactions-from-march-8/ Binance’s Bitcoin Holdings Surgeย  CryptoQuant founder and CEO Ki Young Ju

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