Offchain transaction validation could prevent 99% of crypto hacks, scams
![Offchain transaction validation could prevent 99% of crypto hacks, scams Offchain transaction validation could prevent 99% of crypto hacks, scams](https://i2.wp.com/images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDEvMDE5NDRmZDktNDczYi03NzQ2LThmOTAtODlmYTU5ZmEzY2Mx.jpg?w=1200&resize=1200,0&ssl=1)
Source: Coin Tegraph
A blockchain security solution by Cyvers could prevent 99% of crypto hacks and scams, addressing vulnerabilities like phishing and CEX exploits that cost $2.3 billion in 2024, the company said.