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Crypto Hacks and Scams Cost $3B in 2024
- Crypto hacks and scams cost the industry over $3 billion in 2024, according to a report by Peckshield.
- The total value of loss in 2024 exceeded $3.01 billion, a 15% increase from the previous year.
- $2.15 billion was stolen from crypto hacks, and $834.5 million was stolen from scams in 2024.
- Phishing attacks were the most prevalent form of attack, with over 250 incidents causing a loss of over $1 billion.
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