83% of cryptocurrency investors have experienced scams or hacks at least once, with average losses reaching $2,622 per person.Crypto exchange users have lost over $27 billion due to hacks.64% of hacking activities targeted decentralized exchanges (DEXs); the financial damage on centralized exchanges (CEXs) was 27 times greater.These findings stress the need for stronger security measures to address the vulnerabilities in both types of platforms.