December’s crypto losses from hacks were lowest in 2024: PeckShield
In December 2024, more than 25 hacks in the crypto industry led to approximately $24.7 million in losses, marking a 71% decline compared to November.
December 2024 witnessed over 25 crypto hacks, resulting in a total loss of $24.69 million, according to data from blockchain security firm PeckShield. The figure marks more than a 70% drop compared to November’s losses, the firm revealed in an X post.
The top incident involved LastPass, which accounted for $12.38 million in losses. Other victims included Yeti Finance, GemPad, and FEG, each losing around $2.2 million, and Victim, which suffered $1.3 million in damages.
The chart shows a huge decline in monthly losses, which peaked earlier in 2024, such…
