A cyberattack in cryptocurrency refers to malicious activities aimed at disrupting, stealing, or exploiting digital assets and information. These attacks can take various forms, including hacking exchanges, where attackers breach security measures to steal funds. Phishing is another common tactic, where individuals are tricked into revealing their private keys or login credentials through fake emails or websites. This can lead to significant financial losses for victims.Additionally, Distributed Denial of Service (DDoS) attacks can disrupt services by overwhelming networks or platforms, making them inaccessible to legitimate users. Smart contracts can also be targets. Flaws in their coding may be exploited to divert funds or manipulate transactions. The impact of these cyberattacks is substantial, affecting not just individual investors but also the broader market and trust in digital currencies. As the sector grows, so do the methods and sophistication of cybercriminals, making security a top priority for users and developers alike.