When Wu Caizeng lost a 20,000-yuan (US$2,800) non-fungible token (NFT) to a phishing scam in September, he sought help on Twitter, where he publicised his thief’s public blockchain address. However, the anonymous nature that characterises much of the crypto world left him with no practical way to recoup his ...
View more: Web3 security companies emerge in China amid mounting crypto thefts and few legal protections