**Loss of Access Control: Hot Trend of 2024! 🔥**
- 2024 brought a big shock to the crypto world! Hacken reported that 75% of crypto losses were caused by access control vulnerabilities. This is up from 50% last year. 😲
- CeFi, DeFi, and gaming/metaverse were all affected. DMM Exchange and WazirX lost over $500 million, while Radiant Capital and PlayDapp also suffered.
- The good news is that the DeFi sector managed to reduce losses by 40% thanks to new security protocols. Meanwhile, gaming and metaverse are still struggling with losses of $389 million.
- The solution? Multisig management and crypto security standards are the key! Let's discuss in the comments column, what do you think is the best way to secure crypto assets? 🤔