The 40% theft rate for private key security is really shocking. The new solution that Pharos is working on is worth paying attention to.

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CoinNetwork
CoinWorld News reports that Wish Wu, co-founder and CEO of Pharos, said that the industry is addressing the issue of private key vulnerabilities, but progress is uneven. The vulnerability has led to a total of $16 billion in cryptocurrency being stolen, with the losses accounting for 40%.
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