December Crypto Asset Hacking Losses Amount to $29 Million…70% Decrease from Previous Month
YM Lee
Summary
- It was reported that the crypto asset hacking losses in December decreased by 70% compared to the previous month, hitting the lowest point of the year.
- The losses from crypto asset hacking in December amounted to $28.6 million.
- The largest loss occurred in the decentralized finance platform GemPad with a $2.1 million smart contract exploit.
It was revealed that the losses from crypto asset (cryptocurrency) hacking in December 2024 hit the lowest point of the year.
On the 2nd (local time), the crypto asset specialized media Cointelegraph, citing data from blockchain security firm CertiK, reported that "the losses from crypto asset exploits, hacks, and scams in December amounted to $28.6 million, a significant decrease from November ($63.8 million) and October ($115.8 million)."
According to the data, the largest loss was recorded in the decentralized finance platform GemPad's $2.1 million smart contract exploit incident.
YM Lee
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