<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

CoinPedia News

دیگر آرٹیکلز 27 جون، 2024 پر پبلش کیے گئے ہیں

Hashed Ventures Expands to Abu Dhabi Through a Partnership With Hub71

VanEck Files for Solana ETF

Ethereum Trader Is 'Extremely Long' And Sees 'Significant Upside Repricing' Coming

Bitcoin (BTC) and Gold Converge In New ETF From Quantify Chaos Filing

Synternet Mainnet is Now Live with Monaco Launch on Cosmos

XRP and AVAX Sink As $200bn Is Removed From Market, Raboo Defies Odds Raising Almost $2m

Join our free newsletter for daily crypto updates!