💰 Cryptocurrencies: A Year of Significant Losses.

The cryptocurrency industry has seen substantial losses in 2024, exceeding $3 billion, according to a report by PeckShield.

Losses in 2024:

Total: Total losses in the crypto industry have reached $3.01 billion, an increase of 15% compared to 2023.

Hacking: Hacking incidents have resulted in losses of $2.15 billion.

Scams: Scams have caused losses of $834.5 million.

Recovery:

Partial Recovery: Approximately $488.5 million worth of stolen cryptocurrency has been recovered.

The year 2024 has been challenging for the cryptocurrency industry, with significant losses due to hacking and scams. A wake-up call to improve security and investor protection.

#CryptoLosses#CryptoSecurity #InvestorProtection

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