The crypto industry faced over 25 hacks in December 2024, causing $24.69 million in losses, a 71% drop from November, according to blockchain security firm PeckShield. This makes December one of the least damaging months of the year.
Key Hacks:
– LastPass: $12.38 million
– Yeifinance, GemPad, MEMECoin Drainer: $2.2 million each
– FEGToken: $1.3 million
Stolen funds were traced through platforms like ChangeNOW and Tornado Cash, with 550 ETH, USDC, and Bitcoin identified.
Broader Trends:
In 2024, crypto hacks totaled nearly $3 billion, with access control vulnerabilities responsible for 78% of losses. Scam types varied globally, with “pig butchering” leading at 30%.
While December’s lower losses suggest improved defenses, ongoing vulnerabilities in DeFi, gaming, and exchanges remain a concern.

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