🚨 Crypto Losses Hit 2024 Low in December

According to Cointelegraph, crypto-related losses from hacks, exploits, and scams in Dec. 2024 dropped to $29M, the lowest of the year, compared to $63.8M in Nov. and $115.8M in Oct.

🔍 Key incidents:

• GemPad exploit: $2.1M stolen

• FEG bridge hack: $1M stolen

• LastPass data breach: $12.3M in crypto theft

📉 December losses were down 71% MoM, but 2024’s total losses reached $2.3B, up 40% from 2023, largely due to CEX and custody access control vulnerabilities.

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