Category: Cryptocurrency Security

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Binance Says It Protects Over $2.4 Billion From Crypto Scams This Year

August 22, 2024

Crypto exchange Binance says it has protected over $2.4 billion from scams and fraudulent activities this year, safeguarding more than 1.2 million users worldwide. The exchange’s AI-driven and manual risk management system identified and blocked suspicious transactions, particularly during crypto withdrawals, where $1.1 billion in scam-related activities were thwarted, Binance explained. $2.4 Billion Saved, Says…
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1inch Network Launches Hardware Wallet for Storing Users’ Private Keys in a Secure Offline Setting

January 20, 2023

The decentralized exchange aggregation service 1inch Network has announced the launch of a cold storage hardware wallet. The team notes that the project is in its final stages of development. The hardware wallet, expected to go on sale later this year, features a 2.7-inch e-ink grayscale touch display and it does not require a wired…
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