Crypto Hack Losses Drop Sharply in December — A Rare Relief

[nihalsari]

Crypto-related hacks and exploits totaled roughly $76 million in December, marking a 60% decline from November’s $194 million, according to PeckShield. The firm recorded 26 major incidents during the month, suggesting a slowdown in large-scale attacks after a turbulent stretch for the industry.

While the lower headline number is encouraging, it doesn’t necessarily mean threats are disappearing. Instead, analysts note that attack patterns are shifting, with fewer massive protocol breaches and more targeted exploits aimed directly at individual users — often exploiting simple but costly mistakes.

[ed]

“decline in hacks” always needs an asterisk in crypto