Mmastodon BusinessCrypto first seen 8 h ago, last 5 h ago, peak #3

Crypto ETF inflows surge as hacks cost $1.26 billion in Q3

Original: Investors jumped on the Crypto bandwagon in Q3 pouring billions into Crypto ETFs. At the same time Crypto suffered 247 s

Investors poured billions into cryptocurrency ETFs in the third quarter, even as the sector was hit by 247 security incidents with losses of $1.26 billion, according to security firm CertiK. That represents a 54.4% increase in losses compared with the second quarter and a 13.7% rise in incidents, highlighting the gap between growing institutional interest and persistent security problems.

Why now: The contrast between record ETF inflows and sharply rising hack losses is drawing attention to security risks in crypto.

CertiKcrypto ETFs

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Rank over time, top of the chart is #1. 4 snapshots from 8 h ago to 5 h ago.

Evidence

• Investors jumped on the Crypto bandwagon in Q3 pouring billions into Crypto ETFs. At the same time Crypto suffered 247 security incidents in the third quarter, with losses totaling $1.26B according to crypto security firm CertiK. + 54.4% $$$ more than Q2, and +13.7% increase in… · BrentD@techhub.social

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