#centralized digital systems are inherently vulnerable to hacks, infiltration, ransom attempts and software exploits. These vulnerabilities are exacerbated by artificial intelligence and AI tools. #StrategyBTCPurchase
Centralized crypto exchanges (CEXs) recorded an uptick in hacks in Q3 and Q4 2024, as hackers turned their sights to digital platforms with single points of failure, according to Chainalysis.$BNB $SOL
Attacks on centralized services surged in 2024. Source: Chainalysis
Eran Barak, CEO of Shielded Technologies, the developer behind the Midnight data protection blockchain, told Cointelegraph that privacy tools will be increasingly necessary to ward off AI-assisted hackers.#BinanceAlpha
The CEO said cybercriminals see “massive” returns in targeting centralized systems that can contain millions of passwords, sensitive documents or billions of dollars in capital, which makes these systems attractive targets.#Write2Earn
