Crypto Hack Losses Fall in December, but 2024 Ends Up 40%

Crypto hacks and scams took a surprising downturn in December 2024, marking the lowest monthly losses of the year. After months of escalating attacks, which peaked in October, December's losses dropped to $29 million, according to a recent report by

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

Losses from crypto scams, exploits and hacks tapered off in the last months of 2024, with December registering as the smallest month of hacks in the entire year. Blockchain security firm CertiK said in a Dec. 31 post on X that there were $28.6 millio