Crypto investors, be alert! Blockchain security firm CertiK has flagged phishing scams as the top security threat of 2024. These scams, involving fraudulent links to steal sensitive data like wallet keys, accounted for over $1 billion in stolen digital assets across 296 incidents. Notably, three attacks exceeded $100 million in losses.

Private key compromises followed closely, costing the industry $855 million. Despite these threats, crypto hacks are down 52% from 2022. Industry players, including Binance, are actively combating scams. As phishing tactics evolve, vigilance remains crucial.