**Crypto Security Breach Alert**

Spectral Labs recently uncovered a vulnerability in its Syntax platform, a no-code environment for creating onchain AI agents. This flaw allowed a hacker to siphon off $200,000 in liquidity. In response, Spectral Labs has paused access and contracts on Syntax to prevent further issues. The team is collaborating with industry partners to fix the problem and ensure a secure relaunch.

Meanwhile, crypto hacks remain a significant concern. November 2024 saw losses exceeding $71 million, with major incidents including a $25.5 million hack on Thala and a $30 million breach at DEXX. Despite these setbacks, overall losses in 2024 are down 15% from last year.