Chainalysis
January 3, 2025
Chainalysis Unicorn News - January 03, 2025
Chainalysis reports a significant decline in crypto hack and scam losses for December 2024, with figures dropping to $28.6 million. This marks the lowest monthly loss of the year, attributed to improved security measures and a reduction in malicious activities.
() Introduction
() Chainalysis Reports Drop in Crypto Hack and Scam Losses for December
Crypto hack losses hit their lowest point of the year in December, according to a recent report from blockchain analytics firm Chainalysis. The month saw only $15.5 million stolen from cryptocurrency platforms, a significant drop compared to the alarming $1.2 billion lost in March. The decline reflects enhanced security measures across the industry and a shift in hacker behavior, potentially influenced by increased law enforcement scrutiny. Chainalysis highlighted that December's figures are a promising sign of progress, as the industry continues its efforts to bolster defenses and regain investor confidence in a volatile space.
Sources
1 https://bitcoinist.com/crypto-hack-and-scam-losses-drop-to-29-million-in-december-a-welcome-relief/
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