Crypto scams and hacks took a holiday break in December 2024, with losses dropping to a mere $28.6M, the lowest of the year! 🎉
- CertiK reports a sharp decline from October's $115.8M and November's $63.8M.
- Major incidents included a $2.1M exploit on DeFi platform GemPad and a $1M FEG token bridge hack.
- PeckShield noted a 71% decrease in hack losses, with LastPass users hit hardest, losing $12.3M.
Despite a 40% rise in 2024's total crypto thefts, we're still below the 2022 peak. Keep those digital wallets secure, folks!