PANews January 2 news, according to Cointelegraph, losses due to cryptocurrency hacking attacks, exploitation of vulnerabilities, and fraud in December 2024 dropped to the lowest level of the year at only $29 million, a significant decrease from $63.8 million in November and $115.8 million in October. Major incidents included the exploitation of a vulnerability in the GemPad platform resulting in the theft of $2.1 million, the theft of $1 million from the FEG cross-chain bridge vulnerability, and $12.3 million in crypto assets stolen from LastPass users due to data breaches. According to statistics from CertiK and PeckShield, total losses from related attacks in December decreased by 71% month-on-month. The total loss for the year reached $2.3 billion, a 40% increase compared to 2023, but lower than $3.78 billion in 2022, mainly due to an increase in access control vulnerabilities at centralized exchanges and custodial platforms.