CertiK Report Reveals December Crypto Losses Dropped to 2024’s Lowest at $28.6M

There has been a significant reduction in losses from exploits, hacks, and scams in December compared to previous months.

The latest report by blockchain security company CertiK recorded a total of approximately $28.6 million in losses – the lowest monthly figure in 2024.

December Crypto Losses Are 2024’s Lowest

Exploits dominated the financial impact, accounting for $26.7 million, while flash loan attacks and exit scams contributed $1.7 million and $200,000, respectively. Among the flash loan attacks, the most notable incidents included CloberDex, which suffered $501,279 in losses, followed by Clipper DEX with $450,811 and MoonMaker with $319,320.

The largest single exploit in December targeted Gempad, with damages…

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