<p>The post <a href="https://coinpedia.org/crypto-live-news/crypto-losses-to-hit-25b-next-year-due-to-deepfake-bitget/" rel="noopener noreferrer nofollow">Crypto Losses To Hit $25B Next Year Due To Deepfake: Bitget</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>According to Bitget Research’s latest findings, there is a staggering rise in cryptocurrency losses due to deepfake technology which is set to exceed $25 billion next year. The report highlighted a 245% surge in global deep fakes this year alone. The crypto sector saw a 217% increase in losses due to deepfakes in Q1 2024, totaling $6.3 billion. China, Germany, Ukraine, the USA, Vietnam, and the UK faced the highest incidents of deepfake scams in early 2024. Bitget predicts deepfakes could constitute 70% of all crypto-related crimes by 2026 if no effective countermeasures are taken.&nbsp;</p>

Crypto Losses To Hit $25B Next Year Due To Deepfake: Bitget

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