Both CertiK and PeckShield reported that December 2024 had the lowest crypto losses of the year. Losses from scams, hacks, and exploits decreased towards the end of the year, with December having the smallest amount of hacks. CertiK stated that there were $28.6 million in losses in December, compared to $63.8 million in November and $115.8 million in October. Exploits accounted for most of the losses, with $26.7 million stolen in December. The most significant incidents included a $2.1 million exploit on DeFi platform GemPad and a $1 million exploit on the token bridge of DeFi project FEG. PeckShield also reported a 71% decrease in hack losses in December. Overall, 2024 saw $2.3 billion worth of crypto stolen across 165 incidents, a 40% increase from 2023 but still below the $3.78 billion stolen in 2022. Read more AI-generated news on: https://app.chaingpt.org/news