[2025-01-09] The latest IT, economic, blockchain and coin news
Here are the latest IT, economic, blockchain, and coin news that caught our eyes today. Follow us now for the latest curated news!
2025-01-09 | Curator: CryptoTerminal
Crypto Losses Surpassed $3 Billion in 2024: Peckshield
The crypto industry faced $3 billion in losses due to hacks and scams in 2024, marking a 15% increase from $2.61 billion in 2023, according to blockchain security firm Peckshield. Hacks accounted for $2.15 billion—or over 70%—of total losses, a 42.38% increase from $1.51 billion in 2023, while scams contributed $834.5 million, as per the security firm’s annual report. It was harder to recover stolen funds in 2024. Approximately $488.5 million worth of stolen crypto assets were recovered, represe...