Crypto Hacks and Scams Soar to $3B in 2024, Up 15% from 2023
The crypto industry endured a challenging 2024 as Crypto Hacks and Scams capitalized on vulnerabilities, resulting in a staggering $3.01 billion in losses, according to blockchain forensic firm PeckShield. This represents a 15% increase from the $2.61 billion recorded in 2023, further underscoring the persistent security challenges plaguing the digital