<ul><li>Hacks and scams drained $3.01 billion from the crypto space in 2024, with $1.34 billion linked to North Korean hackers.</li><li>Security vulnerabilities in platforms like WazirX and Liminal highlighted growing risks, leading to significant financial losses in 2024.</li><li>The recovery rate for stolen assets remained low, despite efforts to minimize losses.</li><li>The rise in illicit activities and the involvement of North Korea emphasize the need for improved security systems in the crypto space.</li></ul>

Crypto Scams and Hacks 2024: $3.01 Billion in Losses Explained

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