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During Q2 2022, Distributed Denial of Service (DDoS) attacks reached a new high as the proportion of smart attacks and average duration increased dramatically. The average duration of a DDoS attack increased 100 times over the previous year, reaching 3,000 minutes. Smart attacks nearly broke the four-year record, accounting for nearly half of all attacks.

According to MarketsandMarkets, the market size for cryptocurrencies is projected to increase from USD 1.6 billion in 2021 to USD 2.2 billion in 2026, at a CAGR of 7.1%. Transparency, distributed ledger technology, and raised venture capital expenditures are some primary reasons driving industry expansion. With cryptocurrencies gaining popularity, it is essential to understand what they are and how to use and store them to invest in any of these blockchain-based coins.

The WSOT, the world's largest crypto trading competition, concluded on a high note on July 17, with traders dividing a record-breaking $8 million prize pool. Despite difficult market conditions, the best traders made over 10,000% profits after 20 days of intense competition.

Researchers from Kaspersky saw an increase in the number of Advanced Persistent Threat (APT) actors focusing on the cryptocurrency sector in the second quarter of 2022. The actor behind this recent and intense effort, known as "NaiveCopy," targeted South Korean stock.

Nine staff members from BitOasis, a Middle East-focused cryptocurrency exchange based in the United Arab Emirates were laid off due to the downturn and market turmoil.

Sophos, a global provider of next-generation cybersecurity, published threat research on emerging cybercrime in the article "Liquidity Mining Scams Add Another Layer to Cryptocurrency Crime" today.

In 2009, an anonymous person who went by the alias Satoshi Nakamoto was said to have mined the first batch of 50 bitcoins using the CPU chip of their personal computer.

The hour-long interactive session introduced the young adults to the world of cryptocurrency, discussing the various types of cryptocurrencies, their applications, and a brief overview of how to get started.

International cryptocurrency technology solution company IN4X Global has introduced its new cryptocurrency payment solution to boost the financial economy of businesses all around the world.

The SHAREit group is behind this platform, and its diverse suite of applications, including its core app SHAREit, has been installed by nearly 2.4 billion users worldwide.