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Crypto Loses in November 2024: A 79% Drop in Losses Compared to Last Year

  • Crypto loses in November 2024 dropped significantly, with a 79% decrease from last year, highlighting improvements in crypto security efforts.
  • DeFi platforms accounted for all losses in November 2024, with BNB Chain and Ethereum suffering the most.
  • There were 26 hacking and rug pull incidents in November 2024, leading to a total of $71,021,500 in losses.
  • More security measures and regulations are needed to create a secure cryptocurrency environment in the future.

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