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Crypto hacks, scam losses reach M in December, lowest in 2024

Crypto hacks, scam losses reach $29M in December, lowest in 2024

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Source: Coin Telegraph

Both CertiK and PeckShield shared data showing December was the lowest month for crypto losses in 2024.

Losses to crypto scams, exploits and hacks tapered off in the last months of 2024, with December registering the smallest amount stolen. 

Blockchain security firm CertiK said in a Dec. 31 post on X that there were $28.6 million known losses to exploits, hacks and scams in December, compared with $63.8 million in November and $115.8 million in October.

According to the firm, exploits comprised the bulk of the losses, with $26.7 million stolen by attackers in December.

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Author: Stephen Katte