Crypto scams and hacks surged by 21% in 2024, with centralized services and private keys being prime targets, according to cybersecurity firms. Chainalysis reported $2.2 billion stolen across 303 incidents, up from 282 in 2023. Centralized finance saw a staggering 1,000% rise in attacks, including major hacks on WazirX and DMM exchanges. AI-driven scams and quantum vulnerabilities pose growing threats, urging stronger security measures. Experts stress the need for multifactor authentication and proactive defense strategies as the industry braces for more sophisticated attacks in 2025.